Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Pagartanis (Pagartanis), previously associated with Lombard Securities Incorporated, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Pagartanis recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on October 20, 2020.
Claimant (a) invested approximately $1,000,000 with registered representative between 2006 and 2008, (b) believed that she was investing in real estate, (c) received approximately $564,000 in distributions, and (d) alleges that her funds were misappropriated by the registered representative for his personal use.