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Investment Advisor Misconduct Investigation: Andrew Camarda (IBN Financial Services)

If you have lost money in the stock market due to fraud, misrepresentation, negligence, or for other reasons, we can help you. We have successfully recovered over $250 million in FINRA securities arbitrations.*

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Updated on: January 21, 2025

National investment loss lawyers KlaymanToskes is investigating investment advisor Andrew Camarda (CRD# 6070173) of IBN Financial Services

According to the Securities and Exchange Commission’s AdviserInfo, Andrew Camarda of IBN Financial Services, is facing seven pending investor complaints alleging $4,275,000 in collective investor damages and violations of FINRA Rules 2010, 2020, 2111, and 3280; negligence; and, breach of contract. 

Investors that suffered losses with investment advisor Andrew Camarda are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investment Losses with Advisor Andrew Camarda?

Investment Losses with Advisor Andrew Camarda?

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Customers of IBN Advisor Andrew Camarda File $4 Million in Complaints

Investment Advisor Andrew Camarda of IBN Financial Services is currently involved in seven customer complaints alleging $4,275,000 in total damages. The complaints allege securities violations including violations of FINRA Rules 2010, 2020, 2111, and 3280; negligence; and, breach of contract. Camarda has been registered with IBN since December 2022 in Amityville, NY.

Signs Investors Should Look Out For About Their Investment Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your investment advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your advisor’s supervisor or manager regarding your portfolio
  • Your advisor misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your advisor is not returning your calls or emails
  • You filed a complaint with your investment firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their investment advisors due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with investment advisor Andrew Camarda, or have concerns regarding your investment portfolio at IBN Financial Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.