Apostolos Pitsironis, Formerly of Janney Montgomery Scott, Barred by FINRA for Allegedly Converting Client Funds

Paul Pitsironis allegedly transmitted more than $400,000 from a client’s account to his own.

Did you lose money investing with Apostolos (Paul) Pitsironis? Under FINRA Rules, brokerage firms are liable for their brokers’ misconduct and investors may be able to their investment through FINRA arbitration. Contact Sonn Law Group today or call us at 866–827–3202 for a free consultation.

Former Janney Montgomery Scott broker Apostolos Pitsironis (CRD#: 2804907) has been barred from FINRA for allegedly converting more than $400,000 from a client’s account.

According to a September 9th FINRA filing, Pitsironis electronically transmitted $411,000 in cash from a client’s securities account at Janney to a personal bank account.

FINRA records state that Pitsironis took the money without the customer’s consent via 22 ACH transfers in May and June 2019.

Pistronis was terminated from Janney in June 2019 following an internal investigation. He joined the firm in December 2018, in Melville, NY.

Other employers included Wells Fargo Clearing Services of Hauppauge, NY (2012–2018); RBC Capital Markets of Jericho, NY (2008–2012); and Morgan Stanley of Purchase, NY (1996–2001), according to BrokerCheck.

Jeffrey R. Sonn is an experienced investor losses attorney. If you suffered losses because a financial professional or corporate executive misappropriated funds, Mr. Sonn will protect your rights and interests. Please do not hesitate to contact the Sonn Law Group today for a free review of your claim.