There are options for clients of Park Avenue Securities LLC broker Andrew Andreotta (CRD# 6980955) who suffered investment losses. He has been registered with Kovack Securities Inc. and Kovack Advisors, Inc. in Hendersonville, Tennessee, since 2026. He was registered with LPL Financial in LLC in Hendersonville, Tennessee, from April to May 2026, and Park Avenue Securities LLC in Hendersonville, Tennessee, from 2022 to 2026, when he was terminated regarding, “The RR was permitted to resign while the Firm was conducting an investigation in connection with a customer complaint previously disclosed on Form U4 alleging forgery and unauthorized wire transactions. The investigation uncovered violations of firm policy related to off platform communications.”
Andrew Andreotta Customer Complaints
He has been the subject of two customer complaints between 2024 and 2026, according to his CRD report. The most recent complaint was regarding:
February 2026. “The customers submitted a notarized affidavit of forgery alleging that their signatures on a wire request form dated November 21, 2025 were forged and that they did not authorize the associated transfer of funds. The customers further allege that additional account documentation was reused or included in connection with other transactions without their knowledge and that related fund transfers were effected without their authorization.” The case is currently pending. The complaint was regarding brokerage and advisory accounts and insurance losses. It took place while he was registered with Park Avenue Securities LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Park Avenue Securities LLC may be liable for investment or other losses suffered by Andrew Andreotta’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
"*" indicates required fields
