Erez Law is currently investigating former Legend Securities, Inc. broker Samuel Girgiss (CRD# 6088898) regarding unsuitable investment recommendations. He has been registered with Spartan Capital Securities, LLC in New York, New York since 2017. Previously, he was registered with Worden Capital Management LLC in New York, New York from 2016 to 2017. Prior to that, he was registered with Legend Securities, Inc. in New York, New York from 2013 to 2016.
Samuel Girgiss Customer Complaints
He has been the subject of three customer complaints between 2017 and 2022, according to his CRD report:
March 2022. “Time Frame: Unspecified. The matter is comprised of 61 individual claimants with the same alleged allegations of unsuitable investments, excessive trading, and failure to supervise. RR allegedly covered 2 claimants in this matter.” The case is currently pending. The complaint took place while he was registered with Legend Securities, Inc.
January 2020. “Time Frame: No time frame mentioned/associated with individual claimant in Statement of Claim (SOC). Allegations: Alleging misrepresentation and unsuitable recommendations.” The customer sought $34,455 in damages and the case was settled for $12,000. The complaint took place while he was registered with Spartan Capital Securities, LLC.
April 2017. “Churning, unsuitable recommendations, breach of fiduciary duty, fraud, breach of contract, and negligent supervision.” The customer sought $200,000 in damages and the case was settled for $40,000. The complaint was regarding equity OTC and took place while he was registered with Legend Securities, Inc.
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, Legend Securities, Inc. may be liable for investment or other losses suffered by Samuel Girgiss’ 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.