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Paul Lekousis: $146K Investor Complaint Against Pruco Advisor

La Grange Park, Illinois financial advisor Paul Lekousis (CRD 2545673) recently received an investor complaint alleging that his conduct resulted in six-figure losses. Financial Industry Regulatory Authority records show that he is a broker with Pruco Securities and an investment advisor with Prudential Financial Planning Services. He is also registered with the firm’s office in Downers Grove, Illinois.

Mr. Lekousis’s BrokerCheck report discloses one investor complaint. Filed in December 2022, it alleges that as a representative of Pruco Securities, he “did not fully disclose all the facts regarding churning of policies and fees.” The pending complaint alleges damages of $146,268.53.

According to the Financial Industry Regulatory Authority, Paul Lekousis holds 27 years of securities industry experience. Based in La Grange Park and Downers Grove, Illinois, he has been a broker with Pruco Securities since 2018 and an investment advisor with Prudential Financial Planning Services since 2020. His registration history includes MML Investors Services (Oak Brook, Illinois; 2017-2018), NYLife Securities (Downers Grove, Illinois; 2014-2017), Prudential Financial Planning Services (Rosemont, Illinois; 2011-2014), Pruco Securities (Rosemont, Illinois; 2009-2014), Ameritas Investment Corporation (River Forest, Illinois; 2006-2008), Carillon Investments (Darien, Illinois; 2005-206), Prudential Financial Planning Services (Tinley Park, Illinois; 2000-2005), and Pruco Securities (Newark, New Jersey; 1995-2005). His credentials include the passage of seven securities industry qualifying exams: the Investment Company Products/Variable Contracts Principal Examination, or Series 26; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Illinois, Indiana, Puerto Rico, and Utah. (Information current as of December 26, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

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