{"id":30700,"date":"2025-02-25T22:26:20","date_gmt":"2025-02-26T04:26:20","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=30700"},"modified":"2025-02-25T22:26:20","modified_gmt":"2025-02-26T04:26:20","slug":"churning-lawyer","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/churning-lawyer\/","title":{"rendered":"Churning Lawyer"},"content":{"rendered":"<p><strong>FINRA Suspends Ex-Spartan Capital Securities Broker Justin Deiter\u00a0<\/strong><\/p>\n<p><strong>Excessive Trading Can Cause Portfolio Losses\u00a0<\/strong><\/p>\n<p>If you sustained investment losses while working with former Spartan Capital Securities financial advisor Justin Ray Deiter, contact the Shepherd Smith Edwards and Kantas Churning Lawyer Team (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>) today.\u00a0The New York broker was suspended by the Financial Industry Regulatory Authority (<a href=\"https:\/\/www.finra.org\/\" target=\"_blank\" rel=\"noopener\">FINRA<\/a>) for six months in the wake of allegations that he engaged in\u00a0<a href=\"https:\/\/www.investorlawyers.com\/churning.html\">excessive trading<\/a>\u00a0in two customers\u2019 accounts. One of the clients involved was a senior investor.\u00a0FINRA contends that Deiter\u2019s trading led to high turnover rates and cost-to-equity ratios that went beyond the traditional 6% and 20% guideposts, respectively. This led to the investors sustaining substantial losses.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/churning-lawyer\/\"  title=\"Continue Reading Churning Lawyer\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FINRA Suspends Ex-Spartan Capital Securities Broker Justin Deiter\u00a0 Excessive Trading Can Cause Portfolio Losses\u00a0 If you sustained investment losses while working with former Spartan Capital Securities financial advisor Justin Ray Deiter, contact the Shepherd Smith Edwards and Kantas Churning Lawyer Team (investorlawyers.com) today.\u00a0The New York broker was suspended by the Financial Industry Regulatory Authority (FINRA) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":30701,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3775,3762,4055],"tags":[5227],"class_list":["post-30700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-churning","category-current-investigations","category-featured-investigation","tag-churning-lawyer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shepherd Smith Edwards and Kantas Churning Lawyer<\/title>\n<meta name=\"description\" content=\"If you sustained investment losses while working with former Spartan Capital Securities financial advisor Justin Ray Deiter, contact the SSEK Churning Lawyer team\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/churning-lawyer\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Shepherd Smith Edwards and Kantas Churning Lawyer\" \/>\n<meta name=\"twitter:description\" content=\"If you sustained investment losses while working with former Spartan Capital Securities financial advisor Justin Ray Deiter, contact the SSEK Churning Lawyer team\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2025\/02\/Churning-Lawyer.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; 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