There are options for customers of Janney Montgomery Scott LLC broker Stephen Spahr (CRD# 865189) regarding poor recommendations that resulted in investment losses. He has been registered with Janney Montgomery Scott LLC in Naples, Florida, since 2015.
Stephen Spahr Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
September 2022. “Claimant makes claims for poor recommendation.” The customer is seeking $200,000 in damages, and the case is currently pending. The complaint was regarding common and preferred stocks.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Janney Montgomery Scott LLC may be liable for investment or other losses suffered by Stephen Spahr’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations, and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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