Spartan Capital Securities, LLC Broker George Apolonides Investment Loss Options

Spartan Capital Securities

Spartan Capital SecuritiesErez Law is currently investigating Spartan Capital Securities, LLC broker George Apolonides (CRD# 3101928) regarding unsuitable investment recommendations. He has been registered with Spartan Capital Securities, LLC in Garden City, New York since 2016. 

George Apolonides Customer Complaints

He has been the subject of two customer complaints between 2013 and 2021, one of which was denied, according to his CRD report:

December 2021. “Time Frame: February 2013 through to Present. Alleged Allegations: Churning, Unsuitability, Breach of Fiduciary Contract, Misrepresentation, Unauthorized Trading, Failure to Supervise.” The customer is seeking $815,130.29  in damages and the case is currently pending. The complaint is regarding common and preferred stocks and private placement investment 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, Spartan Capital Securities, LLC may be liable for investment or other losses suffered by George Apolonides’ 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.