Category Archives: Pinnacle Investments

George P. Koulouris-KCD Financial Broker-Discloses Customer Disputes-Manlius, NY

August 2016- Manlius, NY

The FINRA records of George P. Koulouris ,  a  stock broker who is currently  employed by KCD Financial, Inc.  disclose a prior regulatory event, 6 prior customer disputes, one currently pending customer dispute and a termination.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In the currently pending FINRA Case# 15-01946 a customer of Koulouris’ prior employer, Ridgeway & Conger, alleges that he was not an accredited investor and that certain private placements purchased through Ridgeway & Conger and Pinnacle Investments were not suitable. No specific damages are pleaded.

The prior customer disputes include:

  • FINRA Case 13-01507, in which a customer of Ridgeway & Conger and Pinnacle Investments alleged damages of $551,434 for violations of suitability standards and other claims. An arbitration panel awarded $258,000 against Koulouris‘ member firm.

In 2/2009 Koulouris was discharged from Pinnacle Investments who made the following allegations: “Client alleged that broker, George Koulouris, made an unsuitable recommendation regarding the purchase of New Visions Powerline Communications, Inc., an investment that allowed only accredited investors.

Koulouris has been employed by  KCD Investments  since 6/2014. Prior to that he was employed by Ridgeway & Conger from 3/2009-11/2013.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Mark A. Stanczyk-Former Pinnacle Investments Broker-Discloses Customer Dispute

Manilus, New York

According to FINRA records Mark A. Stanczyk ,   a stockbroker who currently works for  Leigh Baldwin & Co.   discloses a pending customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 15-02749, a customer of Pinnacle Investments, the firm where Stanczyk previously was employed, alleges damages of $490,000 for unsuitable trades and unsuitable investments.

Stanczyk has been employed by Leigh Baldwin since 5/2013. He was employed by Pinnacle Investments from 6/2006-5/2013.

 

Brokers have a duty to make investment recommendations that are suitable for the customer, taking into account the age, health, investment objective and risk tolerance of the investor.

Investors with losses in accounts handled by Mark A. Stanczyk may be able to recover damages from his former employer through FINRA arbitration.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870