Investor Dispute About Craig Accardo

Soreide Law Group is investigating possible investor claims against securities broker Craig Gerard Accardo (CRD: 3000762, Metairie, Louisiana). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for FSC Securities Corporation. Supposedly, one or more individuals claim that Accardo made unsuitable recommendations regarding investments. Here is a brief summary of the disclosures about Accardo.

FSC Securities Corporation Investor Accused Accardo Of Unsuitable Recommendations

Particularly, on October 24, 2022, an FSC Securities Corporation client filed FINRA Arbitration: 22-02430 about Craig Accardo. Namely, the client alleged that Accardo provided unsuitable advice based on the client’s objectives and risk tolerance. Because of this, the client allegedly sustained damages on direct investments (LPs, DPPs). Therefore, the client requested $100,000 to $500,000 in compensation from FSC Securities Corporation or Accardo. Evidently, this arbitration is pending a resolution.

Craig Accardo Discloses Unsuitable Advice Allegations By FSC Securities Corporation Client

Specifically, a client of FSC Securities Corporation contested Craig Accardo’s sales practices by filing FINRA Arbitration: 19-02029. Allegedly, Accardo made unsuitable recommendations. It appears that Accardo caused the client to sustain damages on real estate securities and variable annuities. Therefore, FSC Securities Corporation opted to settle the matter on July 21, 2020, by compensating the client in the amount of $3,500,000.

Accardo Employment Information

• Accardo has worked for FCS Securities Corporation in Metairie, Louisiana, as a securities broker since January 7, 2004.

• Accardo has worked for FCS Securities Corporation in Metairie, Louisiana, as a financial advisor since February 5, 2004.

Did FSC Securities Corporation Securities Broker Accardo Cause You To Experience Damages?

Did you suffer losses from investing with Craig Accardo? If so, reach out to Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a potential recovery of your losses. Soreide Law Group, who has effectively recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Accardo and investment firms Accardo worked for deny any allegations of sales practice violations.