Financial Advisor Fraud

Brian Yarch, a broker and investment advisor associated with Regulus Financial Group, LLC, faces serious allegations from the State of Connecticut Insurance Department. The commissioner initially denied Yarch’s insurance producer license renewal application in response to previously disclosed regulatory activity to FINRA and other state insurance regulators. This decision has significant implications for investors who […]

In a recent development, a serious allegation has been made against Andrew Pandis, a broker and investment advisor associated with Essex National Securities, LLC and Cetera Investment Services LLC (CRD 15340). The claimants allege that Pandis recommended inappropriate investment products and strategies, resulting in substantial losses. This pending customer dispute, filed on 8/16/2023, involves a

In a recent development, a serious allegation has been brought to light against Gary Costello, a broker and investment advisor associated with TRUIST INVESTMENT SERVICES, INC. and AEGIS CAPITAL CORP. (CRD 15007). According to the pending customer dispute filed on August 16, 2023, the client alleges that unauthorized trading occurred in his account from December

Investors are facing a serious situation as clients allege that unauthorized trading occurred in their accounts from January 2023 to August 2023, involving Gary Costello of TRUIST INVESTMENT SERVICES, INC. and AEGIS CAPITAL CORP. (CRD 15007). This allegation, filed on August 16, 2023, and currently pending, raises significant concerns for investors who have entrusted their

Aegis Capital Corp. and financial advisor Robert Eide are facing a serious allegation from a client who claims to have suffered significant investment losses. The client, whose name has not been disclosed, filed a complaint with the Financial Industry Regulatory Authority (FINRA) in May 2023, alleging that Eide made unsuitable investment recommendations and engaged in