Were you the victim of former SW Financial broker John Girgis (CRD# 5021526)? He was registered with SW Financial in New York, New York, from 2019 to 2023, and previously with Worden Capital Management LLC in New York, New York from 2016 to 2019, and Legend Securities, Inc. in New York, New York, from 2013 to 2016.
John Girgis Customer Complaints
He has been the subject of five customer complaints between 2010 and YEAR, one of which was denied, according to his CRD report. The most recent complaints are regarding:
March 2023. “Unsuitability, excessive trading/commissions, unauthorized trading, negligence.” The customer is seeking $264,475 in damages, and the case is currently pending. The complaint was regarding equity OTC and common and preferred stocks, and it took place while he was registered with SW Financial.
March 2022. “Churning, excessive commissions, unauthorized trading, unsuitability, negligence, breach of contract, fraud.” The customer sought $210,180.83 in damages, and the case was settled for $14,999. The complaint was regarding equity OTC and common and preferred stocks, and it took place while he was registered with Worden Capital Management LLC.
December 2020. “Churning and Qualitative and Quantitative Unsuitability, Breach of Fiduciary Duty, Breach of Contract, Negligent Misrepresentation and Ommissions. Activity between December 2017 – May 2018.” The customer sought $411,740 in damages, and the case was settled for $234,336.
December 2016. “Excessive commissions.” The customer sought $35,000 in damages, and the case was settled for $9,999. The complaint was regarding equity OTC and common and preferred stocks, and it took place while he was registered with Legend Securities.
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, SW Financial may be liable for investment or other losses suffered by John Girgis’ 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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