June 2021 – Addison, TX
According to publicly available records, former Titan Securities, financial advisor Richard Demetriou, has been barred from the securities industry.
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 June of 2021 in FINRA case#20130335345701, Demetriou was permanently barred from the securities industry to resolve allegations that he made misrepresentations to prospective investors in connection with his promotion of a Mississippi company involved in speculative real estate investments. Demetriou was permanently barred from FINRA in all capacities.
In May of 2014 , a customer of Private Consulting Group, Inc. alleged unsuitable investments. The case was settled for $120,000. Demetriou was personally responsible for the settlement amount.
In June of 2016 the U. S. Treasury filed a tax lien in the amount of $315,908 against Demetriou.
Demetriou was employed by Titan Securities from April of 2009 until he was barred in June of 2021. Before that time he was employed with Private Consulting Group, Inc. from November of 2001 until March of 2009.
If you have losses in an account handled by Richard Demetriou, call 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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