Spartan Capital Securities LLC
The securities attorneys at Gana LLP represent customers in their disputes with brokerage firms, such as Spartan Capital Securities LLC (Spartan Capital). Our firm can analyze your accounts and investments in order to determine if there was any wrongdoing in the handling of your accounts. Our analysis can reveal whether an investor has been a victim of misconduct including unsuitable investments, unauthorized trading, excessive trading, or fraud.
Spartan Capital Securities LLC is a brokerage firm that provides investment guidance for high net worth individuals and middle-market institutions. The firm is affiliated, or under common control with SCS Insurance Agency Services LLC and SCS Advisory Services Agency LLC, which are all controlled by owner John D. Lowry.
Spartan Capital - By the Numbers:
- CRD #: 146251
- SEC #: 67801
- Regulatory Events: 6
- Customer Complaints: 2
- Employees: 55
Spartan Capital - In the News:
Finra v. Spartan Capital Securities LLC (Case #: 2013035258901) - Spartan Capital was subject to a $7,500.00 fine for the findings that alleged that the firm paid commissions to unregistered entities that were under control of its registered representatives, rather than paying this transaction based compensation to the registered representatives directly.
New Hampshire Bureau of Securities Regulation v. Spartan Capital Securities LLC (Case #: INV2013-0008) - Spartan Capital was fined $40,000.00 for their violation of the telemarketer regulations of FINRA rule 32300, such as, the banning of repetitive calls to do-not-call numbers.
New Hampshire Bureau of Securities Regulation v. Spartan Capital Securities LLC (Case #: COM2011-003) - The firm was fined $35,000 for allegedly violating FINRA do-not-call requirements. Allegedly, an unlicensed agent of New Hampshire solicited the sale of a stock to a New Hampshire resident using a cold call.
The State of Massachusetts v. Spartan Capital Securities LLC (Case #: E-2016-0085) - Spartan Capital allegedly participated in dishonest and unethical conduct in the securities industry. Allegedly, the firm also failed to properly supervise two of its representatives, which resulted in excessive charges for customers, misrepresentation of fees, and omitted information from its trade confirmations.