Craig Accardo Investigation
June 2023-Metairie, LA
According to publicly available records Craig Accardo a FSC Securities Corporation broker discloses a prior customer dispute and 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 7/2019, in FINRA case #19-02029, an FSC Securities Corporation customer alleged Accardo made unsuitable recommendations related to annuity and real estate investments. The case settled for $3,500,000 in 7/2019.
In 10/2022, in FIRNA case #22-2430, an an FSC Securities Corporation customer alleged that Accardo made investment recommendations to her that were not in keeping with her investment objectives and risk tolerance and that as a result she incurred losses in her account. Alleged damages are between $100,000 and $500,000.
Accardo has been registered with FSC Securities Corporation since 1/2004.
If you have suffered losses in an account handled by Craig Accardo, contact us for a no charge consultation to learn how you may be able to recover damages 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.
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