Larry Christos Sfinas, of Southampton, Pennsylvania, a stockbroker registered with Securities America Inc., was the subject of a customer initiated investment related complaint that was settled on July 22, 2022, to resolve allegations that Sfinas made unsuitable investment recommendations in stocks during the time that Sfinas was associated with Securities America Inc.
This is not the first time that Sfinas has been referenced in a customer initiated investment related dispute concerning Sfinas’s conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Sfinas is also referenced in a customer initiated investment related complaint filed on September 28, 2004, in which the customer requested $70,000.00 in damages based upon allegations that Sfinas made unsuitable recommendations in over-the-counter equities when Sfinas was associated with USAllianz Securities Inc. This complaint was denied by his employer.
On May 24, 2005, another customer filed an investment related complaint involving Sfinas’s conduct in which the customer requested $47,000.00 in damages based upon allegations that Sfinas made misrepresentations of material fact in connection with the sale of mutual funds during the time that Sfinas was associated with ING Financial Partners. The complaint was denied by his employer as “without merit” on June 29, 2005.
Sfinas has been associated with Trustmont Financial Group Inc. in Southampton, Pennsylvania since October 12, 2023, and with Trustmont Advisory Group Inc. in Southampton, Pennsylvania since October 20, 2023. Previously, Sfinas was associated with several firms including MML Investors Services LLC in Warren, New Jersey from November 29, 2022, to September 20, 2023; Csenge Advisory Group LLC in Southampton, Pennsylvania from October 5, 2021, to September 23, 2022; and Securities America Inc. from July 30, 2019, to October 6, 2021.
