{"id":31848,"date":"2026-07-21T20:51:03","date_gmt":"2026-07-22T01:51:03","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=31848"},"modified":"2026-07-21T20:51:03","modified_gmt":"2026-07-22T01:51:03","slug":"finra-lawyers","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/","title":{"rendered":"Did You Know That Spartan Capital, Which Sold Atlas Funds, Meets Criteria of \u201cRestricted Firm\u201d Because of Alleged Risks To Investors?"},"content":{"rendered":"<h1>Shepherd Smith Edwards and Kantas Is Investigating<\/h1>\n<p style=\"text-align: center;\"><em>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.<\/em><\/p>\n<p>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 <a href=\"https:\/\/www.investorlawyers.com\/blog\/broker-fraud-lawyers-ss-ek\/\">Atlas Fund private placements<\/a>\u00a0to 191 investors. Most of them were retail customers.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/\"  title=\"Continue Reading Did You Know That Spartan Capital, Which Sold Atlas Funds, Meets Criteria of \u201cRestricted Firm\u201d Because of Alleged Risks To Investors?\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":31849,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4055,3739,4761,4801,4760],"tags":[4783],"class_list":["post-31848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-featured-investigation","category-finra","category-finra-arbitration","category-finra-attorneys","category-finra-lawyer","tag-finra-lawyers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FINRA Lawyers - Shepherd Smith Edwards and Kantas<\/title>\n<meta name=\"description\" content=\"Suffered Atlas Fund losses with Spartan Capital? Our FINRA lawyers can help you file a claim in arbitration to recover your investment losses.\" \/>\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\/finra-lawyers\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FINRA Lawyers - Shepherd Smith Edwards and Kantas\" \/>\n<meta name=\"twitter:description\" content=\"Suffered Atlas Fund losses with Spartan Capital? Our FINRA lawyers can help you file a claim in arbitration to recover your investment losses.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/07\/FINRA-lawyers-ssek.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FINRA Lawyers - Shepherd Smith Edwards and Kantas","description":"Suffered Atlas Fund losses with Spartan Capital? Our FINRA lawyers can help you file a claim in arbitration to recover your investment losses.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/","twitter_card":"summary_large_image","twitter_title":"FINRA Lawyers - Shepherd Smith Edwards and Kantas","twitter_description":"Suffered Atlas Fund losses with Spartan Capital? Our FINRA lawyers can help you file a claim in arbitration to recover your investment losses.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/07\/FINRA-lawyers-ssek.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Did You Know That Spartan Capital, Which Sold Atlas Funds, Meets Criteria of \u201cRestricted Firm\u201d Because of Alleged Risks To Investors?","datePublished":"2026-07-22T01:51:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/"},"wordCount":610,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/07\/FINRA-lawyers-ssek.jpg","keywords":["FINRA Lawyers"],"articleSection":["Current Investigations","Featured Investigation","FINRA","FINRA Arbitration","FINRA Attorneys","FINRA Lawyer"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/","url":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/","name":"FINRA Lawyers - Shepherd Smith Edwards and Kantas","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/07\/FINRA-lawyers-ssek.jpg","datePublished":"2026-07-22T01:51:03+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Suffered Atlas Fund losses with Spartan Capital? Our FINRA lawyers can help you file a claim in arbitration to recover your investment losses.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/07\/FINRA-lawyers-ssek.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/07\/FINRA-lawyers-ssek.jpg","width":600,"height":400,"caption":"FINRA lawyers"},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/finra-lawyers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Did You Know That Spartan Capital, Which Sold Atlas Funds, Meets Criteria of \u201cRestricted Firm\u201d Because of Alleged Risks To Investors?"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/07\/FINRA-lawyers-ssek.jpg","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-8hG","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/31848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=31848"}],"version-history":[{"count":1,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/31848\/revisions"}],"predecessor-version":[{"id":31850,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/31848\/revisions\/31850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media\/31849"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=31848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=31848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=31848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}