Free Consultation: (800) 259-9010
Tap Here to Call Us

Articles Tagged with Churning Attorneys

Are You An Investor Who Suffered Losses While Working With Spartan Capital Securities?

Published on: June 23, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Our Broker Fraud Lawyers Are Investigating Churning Allegations That May Have Cost Customers Millions of Dollars

The Financial Industry Regulatory Authority (FINRA) has filed a complaint against Spartan Capital Securities over allegations of extensive account churning that resulted in nearly $18 million in customer losses and trading costs. Investors who suffered financial damage from this excessive trading can work with the firm’s experienced churning attorneys to pursue legal options and recover their losses.

If you are an investor who sustained portfolio losses while working with a Spartan Capital Securities financial advisor, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today to schedule your free case assessment. The broker-dealer is under scrutiny over churning allegations in customer accounts.

Churning Attorneys

Published on: November 13, 2024 | by Shepherd Smith Edwards & Kantas, LLP

When Excessive Trading Violates Regulation’s Best Interest

Broker-Dealer PHX Financial Accused of Costing Customers $1M

According to the Financial Industry and Regulatory Authority (FINRA), excessive trading is what happens when a registered financial professional recommends a large number of trades that are not in line with a customer’s investing goals. Instead, it is the financial advisor who benefits, usually in excess commissions earned. Another term for excessive trading is churning.