INVESTOR WARNING! RICHARD DEMETRIOU OF DALLAS, TX AND TITAN SECURITIES
WARNING! Richard Demetriou from Dallas, Texas and Titan Securities
Have you lost money with financial advisor Richard Demetriou of Dallas, Texas? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Richard W. Demetriou. FINRA alleges that Richard Demetriou engaged in an undisclosed outside business activity when he was involved in selling investments in “RBCP”, a Mississippi company involved in speculative real estate investments. FINRA also alleged that Demetriou also made misrepresentations about the risks of this real estate investment RBCP.
In connection with the complaint, FINRA also brought a complaint against Brad C. Brooks and Titan Securities, for failing to adequately supervise Richard Demetriou. Brooks is the President and Chief Compliance Officer of Titan Securities.
Richard Demetriou was a financial advisor and registered representative of Titan Securities from April 2009 to the present. He worked at a branch office in Dallas, Texas. Demetriou has at least two customer complaints on his BrokerCheck Report, which also disclosed a $18,000 tax lien.
Brokerage firms like Titan Securities have the responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado, the Seattle, Washington area, Ann Arbor, Michigan, Chicago, Illinois, and Vancouver, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including numerous investors in Texas in the past. Our attorneys have represented over one thousand investors against many brokerage firms in the past. All of our arbitration cases are taken on a contingent fee basis meaning you do not pay unless we recover money for you.
Click to view: Richard Demetriou FINRA Complaint
Click to view: Richard Demetriou BrokerCheck 10.20.16
HAVE YOU LOST MONEY WITH RICHARD DEMETRIOU OR TITAN SECURITIES?
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Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.
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