Advisor Alert: Our Attorneys Are Investigating Julius Pappas For Investment Fraud
Did You Lose Money Because of Julius Pappas?
Filed: November 29, 2023
Julius Polymenas (also known as Julius Pappas) has been the subject of three (3) 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 Julius Pappas.
Who Is Julius Pappas of LPL Financial LLC?
- Advisor Name: Julius Pappas
- Aliases: Julius Polymenas
- CRD: 2899904
- Location: Plantation, Florida
- Current Employer: LPL Financial LLC
- Previous Firms: MML Investors Services, LLC and MSI Financial Services, Inc.
- Number of Known Customer Complaints: 3
- Can Julius Pappas Be Sued: Yes, in Private Arbitration
- Can Julius Pappas’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $15,735
- Highest Settlement: $2,000
If you have suffered investment losses by Julius Pappas, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Julius Pappas For Broker Misconduct
As of this publication date, Julius Pappas has been the subject of 3 customer disputes. Let’s review them below.
In October 2020, a complaint was filed against or in reference to Julius Pappas by a customer of MML Investors Services, LLC alleging that Mr. Pappas misrepresented the 10-year annuity he purchased in August 2018, by not explaining the early withdrawal penalty. The complainant alleges he will need to forfeit about $7000 to surrender the policy, and believes that due to his age, he never should have been sold this annuity. Per the customer, he/she lost over $7,000 because of Mr. Pappas’s actions.
In April 2000, a complaint was filed against or in reference to Julius Pappas by a customer of Prudential Securities Incorporated alleging that Mr. Pappas continued to make transactions without her consent substantial losses in her account. client alleges that her financial advisor’s negligence created a loss of $15,735.00. Per the customer, she lost over $15,735 because of Mr. Pappas’s actions. On November 24, 2000, Mr. Pappas settled the claim for $2,000, and some or all of this amount may have been paid by Mr. Pappas’s employer and/or insurance carrier.
In April 1999, a complaint was filed against or in reference to Julius Pappas by a customer of Prudential Securities Incorporated alleging that Mr. Pappas was negligent in failing to cancel an open order as instructed by the client. alleged losses in excess of $5,000.
How To File A Claim Against Julius Pappas of LPL Financial LLC (previously with MML Investors Services, LLC and MSI Financial Services, Inc.) To Get Your Money Back.
If you have questions about Julius Pappas, LPL Financial LLC, MML Investors Services, LLC, MSI Financial 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.