Advisor Alert: Our Attorneys Are Investigating Jimmy Makris For Investment Fraud
Did You Lose Money Because of Jimmy Makris?
Filed: January 16, 2024
Jimmy Makris (also known as Demetrios Makris) currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) regulatory event and nine (9) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Jimmy Makris.
Who Is Jimmy Makris?
- Advisor Name: Jimmy Makris
- Aliases: Demetrios Makris
- CRD: 1754955
- Location: Clearwater, Florida
- Current Employer: Currently Not Registered
- Previous Firms: Calton & Associates, Inc., Berthel, Fisher & Company Financial Services, Inc., and Continental Capital Investment Services, Inc.
- Number of Known Customer Complaints: 9
- Number of Known Regulatory Events: 1
- Can Jimmy Makris Be Sued: Yes, in Private Arbitration
- Can Jimmy Makris’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $584,438
- Highest Settlement: $47,610
If you have suffered investment losses by Jimmy Makris, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Jimmy Makris For Broker Misconduct
As of this publication date, Jimmy Makris has been the subject of 1 regulatory event and 9 customer disputes. Let’s review them below.
In February 2019, a complaint was filed against or in reference to Jimmy Makris by a customer of Calton & Associates, Inc. alleging suitability. Per the customer, he/she lost over $250,271.68 because of Mr. Makris’s actions.
In January 2019, a complaint was filed against or in reference to Jimmy Makris by a customer of Calton & Associates, Inc. alleging suitability. Per the customer, he/she lost over $584,438 because of Mr. Makris’s actions.
In July 2018, a FINRA arbitration was filed against or in reference to Jimmy Makris by a customer of Calton & Associates, Inc. alleging Unsuitability, Breach of Contract, Common Law Fraud, Negligent Supervision, Breach of Fiduciary Duty. On August 7, 2018, Mr. Makris settled the claim for $37,712.16, and some or all of this amount may have been paid by Mr. Makris’s employer and/or insurance carrier.
In March 2017, a complaint was filed against or in reference to Jimmy Makris by a customer of Calton & Associates, Inc. alleging negligence, the investment was made prior to 1990 to the current date, the funds are invested in an inverse portfolio. As of this publication date, the complaint remains pending.
In December 2016, a complaint was filed against or in reference to Jimmy Makris by a customer of Calton & Associates, Inc. alleging misrepresentation, unauthorized trading, and suitability. Per the customer, he/she lost over $160,000 because of Mr. Makris’s actions. On February 11, 2017, Mr. Makris settled the claim for $47,610, and some or all of this amount may have been paid by Mr. Makris’s employer and/or insurance carrier.
In January 2014, a complaint was filed against or in reference to Jimmy Makris by a customer of Calton & Associates, Inc. alleging breach of fiduciary duty, misrepresentation, and suitability. Per the customer, he/she lost over $90,000 because of Mr. Makris’s actions. On July 23, 2014, Mr. Makris settled the claim for $45,000, and some or all of this amount may have been paid by Mr. Makris’s employer and/or insurance carrier.
In January 2007, a complaint was filed against or in reference to Jimmy Makris by a customer of Berthel, Fisher & Company Financial Services, Inc. alleging that Mr. Makris put her into a variable annuity which performed poorly. Per the customer, she lost over $20,000 because of Mr. Makris’s actions.
In April 2004, a complaint was filed against or in reference to Jimmy Makris by a customer of Berthel, Fisher & Company Financial Services, Inc. alleging that the sale of a variable annuity was unsuitable. Per the customer, she lost over $15,978.87 because of Mr. Makris’s actions.
In January 2002, a complaint was filed against or in reference to Jimmy Makris by a customer of Continental Capital Investment Services (FKA Sky Investments) alleging that the client signed a variable annuity contract in Michigan and that the representative was not appointed by an insurance company in this state. The client also alleges she was not made aware of surrender charges of variable annuity and was under the impression she could redeem shares without penalty after one year. The client asked that contract for herself and her husband be rescinded. On May 11, 2002, Mr. Makris settled the claim for $9,012.92.
In June 1996, Florida Division Of Securities And Investor Protection initiated a regulatory event against or in reference to Jimmy Makris for violating chapter 517, Florida statutes by borrowing money from two of his customers.
How To File A Claim Against Jimmy Makris (previously with Calton & Associates, Inc., Berthel, Fisher & Company Financial Services, Inc., and Continental Capital Investment Services, Inc.) To Get Your Money Back.
If you have questions about Jimmy Makris, Calton & Associates, Inc., Berthel, Fisher & Company Financial Services, Inc., Continental Capital Investment Services, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.