Peter Girgis, with SW Financial, Subject of Nine Complaints
NEW YORK, NY
Did you have investments with financial advisor Peter Girgis, who was formerly licensed with SW Financial in New York, New York? The securities and investment fraud law firm of Israels & Neuman is examining allegations made by customers of Peter Girgis.
Peter Girgis had been a representative of SW Financial from December 2019 to September 2022 in SW Financial’s New York City office. A customer complaint was filed in August 2022, alleging that he excessively traded an account and make unsuitable investment recommendations. The unsuitable trading allegedly led to over $1 million in losses. Girgis has also been the subject of eight other customer complaints during his career in the securities brokerage industry. He’s also been the subject of four regulatory investigations, as well as being fired by another firm in 2013.
As a licensed stockbroker, Girgis had obligations to follow FINRA rules, including FINRA’s suitability rule, Rule 2111. Likewise, brokerage firms like SW Financial are required to adequately monitor the conduct of their advisors. Violations of these rules can lead to financial liability for the broker or firm.
Our law firm represent investors in FINRA arbitration proceedings all over the country, including in New York. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past.
View Girgis, p BrokerCheck 3.1.23