Andre Davis, previously with First Standard Financial Company, Barred by FINRA
Have you lost money with financial advisor Andre Davis? We are looking into allegations made about Andre Pierre Davis from Staten Island, New York. FINRA (the Financial Industry Regulatory Authority) barred Andre Davis from the securities industry after he failed to respond to an investigation. FINRA was investigating Davis regarding allegations that he excessively traded or churned customer accounts.
Andre Davis was a financial advisor and registered representative of First Standard Financial Company from March 2015 to May 2019. Davis was also with National Securities Corp. from July 2012 to March 2015. He worked in branch offices in Staten Island, New York. Davis has been the subject of fifteen customer complaints.
Brokerage firms like First Standard Financial Company have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past.