November 2021- New York, NY
The FINRA records of John Dennis Lowry , a financial advisor employed by Spartan Capital Securities disclose a pending regulatory matter, 2 pending customer disputes and 7 prior customer disputes.
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.
In 10/2021 FINRA initiated an investigation alleging that Lowry was named a respondent in a FINRA complaint alleging that he failed to amend his FINRA reporting documents (U4) to report multiple consumer initiated arbitrations alleging that he was involved in one or more sales practice violations. FINRA Case 2019061528001 is currently pending.
The following arbitrations are currently pending:
- Case 21-1975- a customer of Spartan Capital seeks damages of 1.4 million and alleges that in 8/2015-9/2015 Lowry made unsuitable recommendations to invest in private placements.
- Case 20-2035- A customer of Spartan Capital seeks damages of $240,000 and alleges that Lowry made unsuitable recommendations and violations of FINRA Rule 2010.
Lowry has been registered with Spartan Capital Securities since 7/2008.
If you have losses in an account handled by John D. Lowrycontact us for a no charge consultation to learn how you may be able to recover damages through FINRA arbitration.
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.
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