Lisa Jacqueline Lowi (also known as Lisa Jacqueline Vineberg) of West Palm Beach Florida a stockbroker formerly registered with RBC Capital Markets LLC is referenced in a customer initiated investment related arbitration claim which was settled for $25,000.00 in damages based upon allegations that (1) the customer was placed into inappropriate and speculative municipal debt investments by Lowi and (2) RBC Capital Markets LLC failed to supervise Lowi’s activities causing the customer’s losses. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-03092 (Jan. 24, 2019).
FINRA Public Disclosure reveals that Lowi has been identified in thirty-eight more customer initiated investment related disputes pertaining to accusations of her misconduct while employed with securities broker dealers including RBC Capital Markets LLC. In particular, a customer initiated investment related arbitration claim involving Lowi’s conduct was resolved for $25,000.00 in damages supported by allegations that the customer was poorly advised about investments in energy sector corporate bonds. FINRA Arbitration No. 16-02734 (Dec. 9, 2016).
On July 11, 2017, a customer initiated investment related complaint concerning Lowi’s activities was settled for $22,254.98 in damages founded on accusations that customers’ assets were placed into speculative investments even though the customers expressed that they wanted to invest in principal protected, income producing investments. Then, a customer initiated investment related arbitration claim concerning Lowi’s conduct was resolved for $39,500.00 in damages based upon allegations that contractual obligations to the customer had been violated; transactions ran afoul of federal securities laws; and the customer’s account had been excessively concentrated in energy sector corporate debt investments. FINRA Arbitration No. 16-02178 (Aug. 24, 2017).
Another customer initiated investment related arbitration claim in regards to Lowi’s activities was settled for $85,000.00 in damages supported by accusations that Lowi was responsible for inappropriate investment recommendations being made to the customer between 2010 and 2015; the customer’s account lacking diversification and having been over-concentrated in speculative investments; fiduciary duties being breached; and the customer having been defrauded. FINRA Arbitration No. 16-02949 (Feb. 14, 2018). Thereafter, a customer initiated investment related arbitration claim involving Lowi’s conduct was resolved for $17,000.00 in damages founded on allegations of bad investment recommendations being made to the customer when Lowi was associated with RBC Capital Markets. FINRA Arbitration No. 17-00161 (Apr. 11, 2018).
Moreover, a customer initiated investment related arbitration claim concerning Lowi’s activities was settled for $75,000.00 in damages based upon accusations that the customer sustained unwarranted losses from being placed in sub investment grade municipal and corporate debt products. FINRA Arbitration No. 18-00425 (Dec. 6, 2018).
FIINRA Public Disclosure further confirms that Lowi has been barred from associating with any FINRA member in any capacity based upon consenting to findings that Lowi obstructed a FINRA investigation into allegations of her inappropriate and unsuitable trades in RBC Capital Markets LLC customer accounts. Letter of Acceptance Waiver and Consent No. 2016048424901 (Nov. 3, 2017). According to the AWC, Lowi refused to provide recorded testimony to FINRA personnel while she was investigated by the regulator. FINRA concluded that Lowi’s failure to cooperate constituted the violation of FINRA Rules 2010 and 8210.
in RBC Capital Markets LLC customer accounts. Letter of Acceptance Waiver and Consent No. 2016048424901 (Nov. 3, 2017). According to the AWC, Lowi refused to provide recorded testimony to FINRA personnel while she was investigated by the regulator. FINRA concluded that Lowi’s failure to cooperate constituted the violation of FINRA Rules 2010 and 8210.
