Lisa Lowi, of Boca Raton, Florida, a stockbroker formerly registered with RBC Capital Markets, LLC, has been named in a number of customer initiated investment related arbitration claims. Specifically, between September 14, 2016, and September 16, 2016, Lowi was named in three customer initiated investment related arbitration claims, in which customers have requested millions of thousands of dollars in damages based upon allegations against Lowi of making unsuitable investment recommendations in corporate bonds.
As of even date, Lowi has been subject to an unprecedentd thirty-six (36) ustomer initiated investment related arbitration claims
Between August 23, 2016, and September 9, 2016, several additional customers initiated investment related arbitration claims and requested collectively over a million dollars in damages based upon allegations that Lowi over-concentrated the customers’ assets in energy sector corporate debt, breached her contractual obligations to the customers, and violated federal securities laws.
On July 13, 2016, and July 26, 2016, Lowi was named in two customer initiated investment related arbitration claims, in which the customers collectively requested $190,000.00 in damages based upon allegations that Lowi’s recommendations of the energy sector corporate bonds were unsuitable. Between March 22, 2016, and May 12, 2016, Lowi was named in another sixteen customer arbitration claims, all of which allege that Lowi made recommendations to customers that were not suitable.
FINRA Public Disclosure reveals that Lowi also settled a number of customer initiated investment related arbitration claims. On June 20, 2016, Lowi settled an arbitration claim for $20,000.00 in damages based upon allegations against Lowi of effecting of transactions in the customer’s investment account despite not having requisite authorization.
Between July 11, 2015, and March 11, 2016, Lowi settled five additional customer initiated investment related arbitration claims based upon allegations that customers were sold risky investments by Lowi which were not suitable and had performed poorly. Affected customers also complained that Lowi failed to disclose the risks associated with such investments prior to purchase.
After Lowi’s November 2015 termination from RBC Capital Markets, LLC, she became a registered representative for Janney Montgomery Scott LLC from November of 2015 through April of 2016.
Guiliano Law Group
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