Category Archives: Caprock Securities

Daryl E Allison-Former Lowell & Co. Broker-Sanctioned by Securities Regulator-Lubbock, TX

December 2016-Lubbock, Texas

According to publicly available records Daryl Eugene Allison , (CRD# 3686) ,  a  stockbroker who is registered with Lowell & Company, has been permanently barred by FINRA from engaging in principal and supervisory activities. FINRA Case#2014039096601.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

Allison has been employed by Lowell & Company since 5/2015. Prior to that he was registered with Caprock Securities. FINRA cancelled Caprock Securities‘ license in November 2015.

If you have questions about an account in an account handled by Daryl Allison , contact us to discuss your legal options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Lubbock, Texas-Caprock Securities Ceases Operations Following Verdict vs. Broker Tony Robertson

January 25, 2016- Lubbock, Texas

Tony L. Robertson , formerly a broker with Caprock Securities  was permanently barred from the securities industry, for failing to respond to FINRA request for information.  according to FINRA records. Case # 2015046415002.

Robertson  was permitted to resign from Caprock Securities  in July  2015 after she lost a lawsuit brought by former clients who were awarded $400,000 for retirement fund losses.  Caprock was jointly and severally liable for the verdict which created a capital deficiency leading to Caprock Securities ceasing business in November 2015.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Lubbock Couple Awarded $400k in Retirement Fund Lawsuit

February 6, 2014-Lubbock, Texas

A federal jury in Lubbock ordered brokerage firm Caprock Securities, their subsidiary Wall Street Brokerage and brokers Larry Goldston and Toni Robertson, to pay  Robert and Charlie Rowten over $300,000 in damages and attorney fees of $100,000. The Rowtens had filed a complaint alleging fraud and breach of contract in connection with the loss of over half of their retirement funds, according to the Lubbock Avalanche-Journal.

The jury award included $195,390 in compensatory damages, $30,000 for mental anguish and a punitive damage award of $75,000. The Rowten’s claim related to an investment they made in a real estate investment trust (REIT) in 2008 sold to them by brokers Goldston and Robertson.

According to the press, the brokers guaranteed the Rowtens the investment would produce a 7% return, however that guarantee failed when their nest egg crumbled in 2010, according to the article.

Caprock Securities was formed in Texas in 1978. Their main office in located in Lubbock, Texas. Caprock Securities is licensed in Arizona, California, Colorado, Florida, Kentucky, New Mexico, Ohio, Oklahoma, Texas and Washington state.

If you have losses on real estate investment trusts that were sold to you with the promise of a stated rate of return, you may be able to recover losses from the brokerage firm. Call to discuss your options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870