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Kostas Tsamos Formerly With Spartan Capital Securities, LLC Has 7 Customer Complaints For Alleged Broker Misconduct

Who is Kostas Tsamos formerly with Spartan Capital Securities, LLC?

Kostas Tsamos

Kostas Tsamos (CRD #2782014) who was formerly registered with Spartan Capital Securities, LLC and located in Garden City, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Spartan Capital Securities, LLC, Kostas Tsamos was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Kostas Tsamos Customer Complaints

Kostas Tsamos has been the subject of 7 customer complaints that we know about to recover investment losses. Five of the customer complaints were settled by Kostas Tsamos’ former employers: Spartan Capital Securities, J.P. Turner and Co., Hunter Scott Financial and Millennium Securities Corp. One customer complaint was denied by his former employer and the other is still pending.

Allegations Against Kostas Tsamos

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Excessive and unauthorized trading.
  • Negligence, churning, quantitative unsuitability, qualitative unsuitability, and unauthorized trading.
  • Unauthorized trading.
  • Churning.
  • Excessive commissions and fees.
  • Excessive trading, negligence, and breach of fiduciary duty.
  • Misrepresentation and unsuitable investment recommendations.

Kostas Tsamos Red Flags & Your Rights As An Investor

Of course, Kostas Tsamos did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Kostas Tsamos at Spartan Capital Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether Kostas Tsamos has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Spartan Capital Securities, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Spartan Capital Securities, LLC Due To Kostas Tsamos

If you have questions about Spartan Capital Securities, LLC and/or Kostas Tsamos and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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