Last Updated: November 2023 (Winter Park, FL)
Dean Nowak Investigation Summary
Here’s what you need to know about Winter Park, FL, stockbroker Dean Nowak:
- Name: Mr. Dean Robert Nowak
- Current Employer: Not Currently registered with FINRA
- DBA: Infinity Financial Network
- Previous Firms: Newbridge Securities, Taylor Capital Management, Questar Capital
- Function: Stock Broker/ Financial Advisor
- Aliases: Dean Nowak
- Primary Location: Winter Park, FL
- CRD 1091819
- Can Dean Nowak be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $25,000
- Six Pending Customer Disputes Seek Damages Over More Than $500,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Dean Nowak As Your Stockbroker?
Five customers of Newbridge Securities have currently pending cases alleging that Dean Nowak sold them unsuitable alternative investments, including GWG bonds. The customers are seeking cumulative damages of more than $485,000.
A customer of Taylor Capital Management is seeking $100,000 and alleges that Dean Nowak made misrepresentations and omissions regarding the features and risks of a fixed annuity and a real estate investment trust (REIT) and that those products are unsuitable given the customers risk tolerance and investment objectives.
Three customers of Newbridge Securities have previously settled claims related to the recommendation by Dean Nowak to invest in alternative investments.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against Dean Nowak
Customers of Dean Nowak have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in alternative investments
- Misrepresentations and omissions related to purchase of fixed annuity
- Unsuitable Investment Recommendation to invest in GWG Bonds
How to recover losses on GWG Bonds
See this for more information on REITs and Other Alternative Investments
See this for our prior investigations of cases involving Annuities
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.
Recover Your Investment Losses Now With Rex Securities Law
See this for information on our other investigations of Newbridge Securities brokers
If you have suffered investment losses in an account handled by Dean Nowak , contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
