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Sandra McKoy Of Kovack Securities, Kovack Advisors And Formerly With Citigroup Global Markets And SunTrust Advisory Services Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Sandra McKoy of Kovack Securities?

Sandra McKoy (CRD #2954755) who is currently registered with Kovack Securities, Kovack Advisors and located in Tamarac, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Kovack Securities and Kovack Advisors, Sandra McKoy was associated with Citigroup Global Markets, SunTrust Advisory Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Sandra McKoy Customer Complaints

Sandra McKoy has been the subject of 3 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Sandra McKoy’s 3 customer complaints was settled in favor of investors. Two of Sandra McKoy’s customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Sandra McKoy

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

  • Sandra McKoy allegedly made unsuitable recommendations which resulted in unnecessary and unsuitable transactions.
  • The client alleged Sandra McKoy misled him concerning surrender charges, the potential for market loss and other possible risks of two variable annuities.
  • The client was unhappy with overall account performance and fees as well as the way assets are listed on her account statement.

Sandra McKoy Red Flags & Your Rights As An Investor

Of course, Sandra McKoy 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 Sandra McKoy at Kovack Securities, Kovack Advisors, Citigroup Global Markets, and SunTrust Advisory Services on alert to review carefully the activity and performance of their accounts and question whether Sandra McKoy has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Kovack Securities, Kovack Advisors, Citigroup Global Markets, and SunTrust Advisory Services also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Kovack Securities Due To Sandra McKoy

If you have questions about Kovack Securities, Kovack Advisors, Citigroup Global Markets, SunTrust Advisory Services, and/or Sandra McKoy 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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