George Stefanou, of Orlando, Florida, a stockbroker currently registered with Edward Jones, has been subject to a customer initiated investment related arbitration claim on February 24, 2015, which settled for $50,000.00 in damages.
The customer’s claim was based upon allegations that Stefanou made an unsuitable investment recommendation concerning the transfer of the customer’s 457(b) and 401(a) retirement accounts, which led the customer to suffer from penalties and other tax consequences. The customer also alleged that Stefanou’s recommendation was unsuitable based upon the customer’s costs being several times greater at Edward Jones than the fees which the customer was subject to prior to executing the transfer of assets to Edward Jones.
FINRA Public Disclosure also reveals that on October 20, 2014, a customer filed an investment related arbitration claim involving Stefanous’ conduct, in which the customer requested $97,500.00 in damages based upon allegations that Stefanou improperly advised the customer concerning the customer’s retirement account rollover into Edward Jones.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
