The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Andrew Scheier (CRD#2820778) regarding allegations made regarding the following:

Claim(s) Made Against Andrew Scheier:

Claim Date: 1/2/2024

“Customer alleges stocks were unsuitable and that there was no strategy for limiting losses, such that customer‘s portfolio only increased by 25% over the past 5 years while the S&P 500 was up 100%.”

This claim, as of this posting, is currently Pending.

See more information on FINRA’s BrokerCheck site for Andrew Scheier.

Were you a client of Andrew Scheier?

If you were a client of Andrew Scheier and STIFEL, NICOLAUS & COMPANY, INCORPORATED from NEW YORK, NY and had lost money in your account that does not seem right, we are interested in discussing the possibility of pursuing a claim on your behalf. (The value of having a lawyer look at your claim is discussed more thoroughly in our video, Do I need a lawyer for my FINRA arbitration?.) Brokerage firms are responsible for overseeing the actions of their registered representatives and must ensure that their financial advisors comply with all relevant regulations and company policies. The brokerage firm may be held liable for any investment losses suffered by customers due to their failure to properly supervise their agents, such as Andrew Scheier. The Securities Lawyers at Halling & Cayo, S.C. have helped investors recover millions of dollars in the past.

Recovery can often depend on finding a lawyer that “specializes in securities complaints” as the SEC reminds investors. (See more information in our video, How to file a complaint against a Financial Advisor.) If you are a former customer of Andrew Scheier and STIFEL, NICOLAUS & COMPANY, INCORPORATED and have incurred investment losses, please contact the Securities Lawyers. You may be entitled to financial compensation, and we work on a contingency basis, meaning we only get paid if we recover your money. Please note that there may be time limits or statutes of limitations that apply to your claim, so it is important to act quickly and speak with an attorney as soon as possible.

Contact The Securities Lawyers


Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at to see if he can help recover your funds.