Did You Know That Spartan Capital, Which Sold Atlas Funds, Meets Criteria of “Restricted Firm” Because of Alleged Risks To Investors?

Published on: July 21, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Is Investigating

Shepherd Smith Edwards and Kantas is investigating broker-dealer Spartan Capital Securities following FINRA complaints highlighting high-risk firm practices, severe trading costs, and the unsuitable sale of $24 million in illiquid Atlas Fund private placements. Due to major conflicts of interest, undisclosed markups, and misrepresentations tied to these pre-IPO investments, affected investors are being encouraged to explore legal recovery options.

For some time now, our securities law firm has been investigating claims of investor losses by customers of Spartan Capital Securities. Our scrutiny of this broker-dealer has only increased in the wake of allegations that its CEO, John Lowry, who also runs Atlas Fund Management, compelled the firm to unsuitably recommend and sell $24M in unregistered Atlas Fund private placements to 191 investors. Most of them were retail customers.

Are You An Investor Who Suffered Losses in a Leveraged or Concentrated Trading Strategy?

Published on: July 21, 2026 | by Shepherd Smith Edwards & Kantas, LLP

FINRA Orders J.P. Morgan Securities to Pay a $3.25M Fine Over Allegations That Broker Unsuitably Recommended High-Risk Approach to Customers

FINRA fined J.P. Morgan Securities $3.25 million for supervisory failures after former broker Edward Turley unsuitably recommended high-risk, leveraged, and concentrated trading strategies to retail clients and seniors. Law firm Shepherd Smith Edwards and Kantas is investigating loss claims related to these recommendations and helping affected investors pursue financial recovery through FINRA arbitration.

Shepherd Smith Edwards and Kantas FINRA Lawyers (investorlawyers.com) is investigating claims of investor losses related to allegations of unsuitable investment strategies recommended by a financial advisor. Unfortunately, there are too many brokers out there who will apply too risky or volatile approaches in order to earn more money at the expense of their clients.

FINRA Complaint Lawyers

Published on: January 25, 2023 | by Shepherd Smith Edwards & Kantas, LLP

What To Know When Filing a FINRA Complaint Against Your Broker

The Difference Between A FINRA Lawsuit and a FINRA Complaint

If you suspect that your financial advisor engaged in broker misconduct or negligence, then you may be considering filing a complaint with the Financial Industry Regulatory Authority Organization (FINRA). This non-profit organization, which regulates the US securities industry, investigates complaints brought against brokerage firms and their employees and, when warranted, issues disciplinary sanctions against them.

Colorado Trusted FINRA Lawyers

Published on: January 25, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Why Investors With Colorado Bankers Life Insurance Annuity Losses Should Contact Our Experienced Securities Lawyers

Shepherd Smith Edwards and Kantas Has Already Filed Dozens of Annuity Loss Lawsuits Related to Greg Lindberg-Owned Entities

If you are an investor who purchased annuities issued by Colorado Bankers Life Insurance Company or Bankers Life Insurance Company, you may be wondering how to recover your money, especially in light of a court’s order in late 2022 that placed both entities into liquidation. Both insurers are Global Growth entities and are owned by beleaguered insurance magnate Greg Lindberg.

Why You Want To Work With Our Skilled FINRA Attorneys

Published on: December 30, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Recoup Your GPB Investor Losses in Securities Arbitration

If you are an investor who suffered losses in GPB Capital Holdings, you may be able to sue your broker-dealer for unsuitably recommending these private placements that allegedly were part of a more than $1.7B Ponzi scam. Unfortunately, over 17,000 investors, including many retail customers and older retirees, were purportedly persuaded by their broker-dealers that investing in one of the GPB Funds was a solid investment opportunity. Instead, they have suffered significant investment losses. Meanwhile, GPB Capital’s key executives are facing regulatory and criminal charges along with lawsuits brought by investors.

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing GPB Capital investors in the Financial Industry Regulatory Authority (FINRA) arbitration against the broker-dealers that sold private placements in one or more of the GPB Funds to customers. Some of these brokerage firms have even been subject to related regulatory sanctions.

FINRA Lawyers Representing Clients of Ex-JP Morgan Securities Broker Ed Turley

Published on: November 21, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Former San Francisco Financial Advisor Is Barred Following Over $100 Million in Investor Claims Filed Against JP Morgan

Nearly a year after FINRA Lawyers, Shepherd Smith Edwards and Kantas (investorlawyers.com) won a $4 million Financial Industry Regulatory Authority (FINRA) arbitration claim against JP Morgan Securities, the former star broker involved, Edward Turley, has been now barred from the industry. Turley, who was the financial advisor in at least nine recently filed customer complaints alleging unauthorized and excessive trading, has consented to the bar. Turley’s former clients are claiming that they suffered over $100 million in investment losses.

The ex-San Francisco-based financial advisor was fired by JP Morgan Securities in August 2021. Last month, FINRA, which was investigating the allegations against him, asked Turley to provide testimony about his trading patterns. This would have included patterns involving margin and foreign currency, as well as the buying and selling of preferred stock and high-yield bonds. Turley declined. His refusal to testify violates FINRA Rule 8210, which requires brokers to cooperate with enforcement investigations, as well as FINRA Rule 2010, which requires high standards of commercial honor for FINRA members.