Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 13, 2019 indicate that Missouri-based Oppenheimer & Company broker/adviser Demos Argyros has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Argyros (CRD# 1325219).
Demos Argyros, also known as Demosthenes Argyropoulos, has spent 34 years in the securities industry and has been registered with Oppenheimer & Company in St. Louis, Missouri since 2003. Previous registrations include CIBC World Markets Corporation in New York, New York (1992-2003); Kemper Securities Group in St. Louis, Missouri (1990-1992); Blunt Ellis & Loewi (1989-1990); Shearson Lehman Hutton (1988-1989); EF Hutton & Company (1986-1988); and Dean Witter Reynolds (1985-1986). He has passed seven securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on May 9, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 30, 1985; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 3 (National Commodity Futures Examination), which he obtained on September 15, 1986; Series 7 (General Securities Representative Examination), which he obtained on January 19, 1985; Series 10 (General Securities Sales Supervisor – General Module Examination), which he obtained on March 19, 2008; and Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on March 19, 2008. He is a registered broker and investment adviser with 34 US states and territories.
According to his BrokerCheck report, he has received three customer complaints and one pending customer complaint.
In February 2019 a customer alleged Demos Argyros, while employed at Oppenheimer & Company, acted negligently, breached his fiduciary duty, and breached contract in connection to allegedly unsuitable investments in equities and warrants. The customer is seeking $100,000 in damages in the pending complaint.
In 2017 a customer alleged Demos Argyros, while employed at Oppenheimer & Company, churned investments, converted funds by charging excessive fees, recommended unsuitable investments, and breached his fiduciary duty. The complaint settled in September 2018 for $275,000.
In 1999 a customer alleged Demos Argyros, while employed at CIBC Oppenheimer, acted negligently, executed unauthorized trades, failed to execute trades, and breached his fiduciary duty. The complaint resulted in an award to the customer of $56,500.
In 1988 a customer alleged he, while employed at EF Hutton & Company, made unsuitable investment recommendations, committed fraud, and misrepresented material facts. The complaint resulted in an award to the customer of $1,436.
If you or someone you know has a complaint regarding Demos Argyros, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.