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Andrew Pandis Allegedly Misrepresented Investments

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
August 16, 2023 at 1:10pm

Andrew Pandis (CRD #: 2928410), a broker registered with Cetera Investment Services, is facing investor allegations, according to his BrokerCheck record, accessed on August 9, 2023. For more detail, keep reading. 

On July 12, 2023, an investor alleged that Andrew Pandis misrepresented certain investments as safe, when in fact they were not. The investor is seeking $50,000.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of material information, such as an investment’s potential returns, risks, or limitations.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many FINRA rules are automatic violations of Rule 2010. 

Background Information 

Andrew Pandis has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He is a registered broker in five states and is a registered investment adviser in New York. 

Andrew Pandis has registered with the following firms: 

  • Cetera Investment Services (CRD #: 15340) 
  • Cetera Investment Advisers (CRD #: 105644) 
  • Infinex Investments (CRD #: 35371) 
  • Essex National Securities (CRD #: 25454) 
  • Chase Investment Services Corp. (CRD #: 25574) 
  • TD Waterhouse Investor Services (CRD #: 7870) 
  • Olde Discount Corporation (CRD #: 5979) 
  • J.B. Oxford & Company (CRD #: 14343) 
  • Sauceda & Granville Securities (CRD #: 28939) 

Kurta Law Can Help

If you worked with Andrew Pandis and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.

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