Were you the victim of Cetera Investment Services LLC broker Andrew Pandis (CRD# 2928410)? He has been registered with Cetera Investment Services LLC in Forest Hills, New York, since 2017, and Cetera Investment Advisers LLC in Forest Hills, New York, since 2021. He was registered with Infinex Investments, Inc. in New York, New York, from 2016 to 2017, and Essex National Securities, LLC in Astoria, New York, from 2006 to 2016.
Andrew Pandis Customer Complaints
He has been the subject of six customer complaints between 2023 and 2024, one of which was denied, according to his CRD report:
December 2024. “Unsuitable recommendation and overconcentration of assets into a single highly-speculative alternative investment.” The customer is seeking $260,000 in damages, and the case is currently pending. The complaint was regarding real estate securities, and it took place while he was registered with Essex National Securities, LLC.
October 2024. “Insufficient disclosures, improper recommendation.” The customer is seeking $35,000 in damages, and the case is currently pending. The complaint was regarding real estate securities, and it took place while he was registered with Essex National Securities, LLC.
June 2024. “Claimant seeks an accounting of his investments.” The customer is seeking $450,000 in damages, and the case is currently pending. The complaint took place while he was registered with Cetera Investment Services LLC.
August 2023. “Claimant allges breach of contract.” The customer sought $12,385.61 in damages, and the case was settled for $7,281.05.
August 2023. “Claimants allege inappropriate investment products and strategies.” The customer sought $50,000 in damages, and the case was settled for $10,000. The complaint was regarding real estate securities, and it took place while he was registered with Essex National 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, Cetera Investment Services LLC may be liable for investment or other losses suffered by Andrew Pandis’ 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.
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