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Investors Name George Amanatides in Dispute Alleging Misrepresentation

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
December 2, 2024 at 3:18am

George Amanatides (CRD #: 4611464), a broker registered with David Lerner Associates, is involved in an investor dispute, according to his BrokerCheck record, accessed on November 21, 2024. Keep reading if you have questions about his alleged conduct as a broker.

Investor Dispute

On September 27, 2024, an investor named George Amanatides in a dispute alleging misrepresentation and omission and violation of the suitability rule with regard to investments in Energy 11 and Energy 12 starting on December 16, 2015.

The client seeks $92,175 in damages in this pending dispute.

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 information relating to an investment’s potential returns, risks, or fees.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile, which includes information about their age, tax status, risk tolerance, and financial goals.

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

Background Information

George Amanatides has passed the following exams:

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

George Amanatides is a registered broker in 15 states and a registered investment adviser in Puerto Rico.

Kurta Law Can Help

If you worked with George Amanatides 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 that 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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