Andrew Kramer—Alleged Unsuitable Recommendations

New Orleans Investment fraud attorneysAndrew B. Kramer Allegedly Implemented a Strategy Claiming that a Bear Market was Imminent and Following the Continuation of a Bull Market, Said Client Lost Money

Andrew Kramer, of Brooklyn, New York, allegedly implemented a strategy claiming that a bear market was imminent and following the continuation of a bull market said client lost money, according to a recent Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Andrew Kramer’s alleged unsuitable recommendations.

Investors who believe they may have lost money in activity related to Andrew Kramer’s alleged unsuitable recommendations are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Andrew Kramer was a financial advisor and registered representative of Capitol Securities Management from September 2014 to May 2016, and also allegedly operated a company called Kramer Capital Management, according to the aforementioned AWC.

The Peiffer Rosca Wolf securities lawyers are currently investigating Andrew Kramer’s alleged unsuitable recommendations.

Andrew Kramer Barred by FINRA after Allegedly Failing to Respond to a FINRA Investigation

On December 12, 2016, FINRA Staff sent a request to Andrew Kramer for certain documents and information related to an examination concerning a customer complaint pursuant to FINRA Rules, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

On December 21, counsel for Kramer then requested an extension of time to respond and FINRA staff granted the request and set a new due date of January 16, 2017, the AWC notes.

 On January I8, FINRA Kramer’s counsel allegedly communicated that Kramer would not be responding to FINRA’s requests for documents and information, the AWC notes.

Hence, by virtue of the aforementioned behavior, Kramer allegedly violated FINRA Rules and hence has been barred from association with any FINRA member in any capacity, the AWC reports.

Kramer reportedly does not have any disciplinary history with the SEC, FINRA, any other self-regulatory organization or any state securities regulator, the AWC notes.

One should also note that, according to the AWC, Andrew B. Kramer neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Andrew Kramer’s alleged unsuitable recommendations. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Andrew Kramer’s alleged unsuitable recommendations Thomas may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

Alan Rosca (1148 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.