FSC Securities Corporation Broker Louis Wargo Recovery Loss Options

FSC Securities Corporation

Did you lose money investing with  broker Louis Wargo (CRD# 1416101)? Wargo has been registered with FSC Securities Corporation in Brecksville, Ohio since 2003.

Wargo has been the subject of three customer complaints between 2004 and 2020, one of which was closed without action, according to his CRD report. The most recent complaints are regarding:

September 2020. “Claimant alleges his account was over concentrated in alternative investments.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding real estate 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, FSC Securities Corporation may be liable for investment or other losses suffered by Wargo’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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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