Last Updated: March 2025 | Forest Hills, NY
Andrew S. Pandis Investigation Summary
Here’s what you need to know about Forest Hills, NY, stockbroker Andrew Pandis:
- Name: Mr. Andrew Spiro Pandis
- Current Employer: Cetera Investment Advisers LLC, Cetera Investment Services LLC
- Prior Employers:
- Infinex Investments, Inc. (New York, NY) (07/2016 – 12/2017)
- Essex National Securities, LLC (Astoria, NY) (11/2006 – 07/2016)
- Chase Investment Services Corp. (New York, NY) (01/2005 – 06/2006)
- TD Waterhouse Investor Services, Inc. (Omaha, NE) (01/1999 – 01/2005)
- Function: Stockbroker / Financial Advisor
- Aliases: Andrew Pandis
- Primary Location: Forest Hills, NY
- CRD #: 2928410
- Can Andrew Pandis be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Prior Customer Disputes: 6
- Pending Customer Dispute Seeks Damages of: $260,000
If you’ve sustained damages from Mr. Pandis, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Andrew Pandis As Your Stockbroker?
Andrew Pandis has been the subject of multiple customer disputes regarding unsuitable investment recommendations and failure to disclose risks associated with certain securities.
- Pending FINRA Arbitration (Case No. 24-02577) – Claimant alleges an unsuitable investment strategy involving a single highly-speculative alternative investment in real estate securities, with losses exceeding $260,000.
- Pending FINRA Arbitration (Case No. 24-02309) – A claim involving insufficient disclosures and improper recommendations, with damages estimated at $35,000.
- Pending Civil Litigation (Case No. 708091/2024, Supreme Court of NY) – Client seeks damages of $450,000 and an accounting of his investments.
- Settled Customer Dispute (August 28, 2023) – A claim involving a breach of contract relating to a fixed annuity, resulting in a settlement of $7,281.
See this for more information on REITs and Other Alternative Investments
Allegations of Broker Misconduct Against Andrew Pandis
Customers and regulators have alleged the following misconduct by Andrew Pandis:
- Unsuitable Investment Recommendations –violating FINRA Rule 2111 (Suitability Rule).
- Overconcentration in High-Risk Investments – Clients have accused Pandis of overconcentrating their portfolios in speculative alternative investments, increasing the likelihood of financial loss.
- Failure to Disclose Risks
These violations fall under FINRA Rule 2111 (Suitability Rule) and FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade), which require brokers to act in the best interests of their clients and provide suitable investment recommendations.
Recover Your Investment Losses Now With Rex Securities Law
Investigation of Cetera Financial Brokers-Lawsuits, Arbitrations & Disputes
If you have suffered investment losses in an account handled by Andrew Pandis, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.