Barbara Jean Borowsky, of Rome, Georgia, a stockbroker registered with Dempsey Lord Smith LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim where the customer requested more than $100,000.00 in damages based upon allegations that Borowsky failed to conduct reasonable due diligence on direct investments (DPPs and LPs) and made unsuitable recommendations when Borowsky was associated with Dempsey Lord Smith LLC. FINRA Arbitration No. 23-03083 (October 19, 2023).
FINRA Public Disclosure shows that Borowsky is referenced in three other customer initiated investment related disputes concerning Borowsky’s conduct while associated with securities broker dealers. On February 27, 2009, another customer initiated investment related complaint involving Borowsky’s conduct was settled for $7,747.00 in damages based upon allegations that Borowsky misrepresented the interest rate on a SunTrust Index-Linked Certificate of Deposit, incorrectly telling the customer that the SILC would pay six percent simple interest each year it was held.
Borowsky was also referenced in a customer initiated investment related complaint filed on July 15, 2009, in which the customer requested $18,303.60 in damages based upon allegations that Borowsky made unsuitable recommendations in variable annuities during the time that Borowsky was associated with SunTrust Investment Services Inc. The complaint was denied on August 13, 2009.
On August 24, 2023, a customer initiated investment related FINRA securities arbitration claim involving Borowsky’s conduct was settled for $56,000.00 in damages based upon allegations that Borowsky made unsuitable recommendations and misrepresentations of material fact in direct investments during the period that Borowsky was associated with Dempsey Lord Smith LLC. FINRA Arbitration No. 22-02137.
Borowsky has been associated with Dempsey Lord Smith LLC in Rome, Georgia since October 15, 2016. Additionally, Borowsky has been registered with the firm in The Villages, Florida since September 18, 2017.
Previously, Borowsky was associated with Retirement Cash Flow Group LLC in Alpharetta, Georgia from April 2, 2019, to December 21, 2020. Before that, Borowsky was associated with Roger’s Retirement Readiness Alliance LLC, also located in Alpharetta, Georgia, from November 29, 2016, to December 31, 2018.
