David Lerner Associates, Inc. broker George Amanatides (CRD# 4611464) is accused of investment losses. He has been registered with David Lerner Associates, Inc. in Syosset, New York, since 2003.
George Amanatides Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
January 2026. “George Amanatides: U4 – Energy 11 and Energy 12 purchases – unsuitability, misrepresentation and omission and breach of fiduciary duty. Timothy Cheriaparapil: U5 – Puerto Rico Bonds and SOAEX purchases – unsuitability, misrepresentation and omission and breach of fiduciary duty. Allegation period: May 18, 2004 the date of the first purchase of Puerto Rico Bonds to January 12, 2026, the date the SOC was received. The allegation do not include misappropriation, forgery, theft or conversion of funds or securities.” The customer is seeking $150,000 in damages, and the case is currently pending. The complaint was regarding mutual funds, and private placement energy sector investments.
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, David Lerner Associates, Inc. may be liable for investment or other losses suffered by George Amanatides’ 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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