Investment Loss Options for Clients of FSC Securities Corporation Broker Craig Accardo

FSC Securities Corporation

Can you recover losses from investments with FSC Securities Corporation broker Craig Accardo (CRD# 3000762)? He has been registered with FSC Securities Corporation in Metairie, Louisiana, since 2004.

Craig Accardo Customer Complaints

He has been the subject of two customer complaints between 2019 and 2022, according to his CRD report:

October 2022. “Claimant alleges that investment recommendations made to her were not in keeping with her investment objectives and risk tolerance, and that she incurred losses in her account.” The customer is seeking $100,000 in damages and the case is currently pending. 

July 2019. “Unsuitable recommendations.” The customer sought $5,000 in damages, and the case was settled for $3.5 million. The complaint was related to variable annuities and real estate security losses. 

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, FSC Securities Corporation may be liable for investment or other losses suffered by Craig Accardo’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.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.