Andrew Zigouras Linked To Concorde Investment Services Investor Misrepresentation Complaint

Investors potentially incurred losses because of securities broker Andrew Zigouras (also known as Andreas Zigouras and Andy Zigouras) [CRD: 1248597, Teaneck, New Jersey], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Zigouras has been registered with Concorde Investment Services LLC since October 15, 2015. Read on to learn more about the disclosures involving this securities broker.

Concorde Investor Accused Andy Zigouras Of Misrepresentation

Particularly, on September 19, 2025, a Concorde Investment Services LLC client filed FINRA Arbitration No. 25-01938 about Andrew Zigouras. Mainly, the client alleged that Zigouras misrepresented the terms of a fixed annuity. Because of this, the client allegedly sustained damages connected to fixed annuities. Consequently, the client requested damages believed to exceed $5,000 in compensation from Concorde Investment Services LLC or Zigouras. It appears that this arbitration is pending a resolution.

Gunnallen Financial Investor Accused Andrew Zigouras Of Breach Of Fiduciary Duty

Also, a Gunnallen Financial client filed FINRA Arbitration No. 12-04036 about Andrew Zigouras. Primarily, the client alleged that Zigouras made misrepresentations, made unsuitable recommendations, and breached his fiduciary duty. For this reason, the client allegedly incurred damages on over-the-counter equities. Therefore, on February 10, 2014, Gunnallen Financial settled this matter by paying the client $85,000 in damages.

Andy Zigouras Disclosed Unsuitable Recommendations Allegations By Andrew Alexander Wise Client

Notably, a client of Andrew Alexander Wise disputed Andrew Zigouras’s sales practices by filing NASD Arbitration No. 04-04879. Allegedly, Zigouras made unsuitable recommendations. It appears that Zigouras allegedly caused the client to sustain damages connected to over-the-counter equities and IPOs. As a result, Andrew Alexander Wise opted to settle the matter on July 6, 2004, by compensating the client in the amount of $5,000.

Were You Impacted By Financial Advisor / Securities Broker Andrew Zigouras?

Do you need clarification on any investment losses relating to Andrew Zigouras? You can contact Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm takes cases on a contingency fee basis and advances all costs. Zigouras and brokerage firms Zigouras worked for deny accusations of sales practice violations.