Barbara Borowsky Facing Dempsey Lord Smith Client Suitability Disputes

Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Barbara Jean Borowsky (also known as Baraba Jean Borowsky) [CRD: 2570936, Rome, Georgia], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Borowsky joined Dempsey Lord Smith LLC on October 15, 2016. Read below for additional information about Borowsky’s disclosures.

Dempsey Lord Smith LLC Investor Accused Borowsky Of Unsuitable Recommendation

Particularly, on December 10, 2023, a Dempsey Lord Smith LLC client filed FINRA Arbitration No. 23-03083 about Barbara Borowsky. Supposedly, Borowsky made an unsuitable recommendation of a high-risk investment. Supposedly, she failed to conduct reasonable due diligence. Because of this, the client allegedly sustained damages on direct investments. As a result, the client requested $100,001 in compensation from Dempsey Lord Smith LLC or Borowsky. Evidently, this arbitration is pending a resolution.

Barbara Borowsky Disclosed Misrepresentation Allegations By Dempsey Lord Smith LLC Client

Also, a client of Dempsey Lord Smith LLC contested Barbara Borowsky’s sales practices by filing FINRA Arbitration No. 22-02137. Allegedly, Borowsky misrepresented investments and made unsuitable investment recommendations. It appears that Borowsky caused the client to sustain damages on direct investments. Therefore, Dempsey Lord Smith LLC opted to settle the matter on August 24, 2023, by compensating the client in the amount of $56,000.

Barbara Borowsky Facing Client Disputes Concerning Unsuitable Advice

In addition, a client of SunTrust Investment Services Inc. contested Barbara Borowsky’s sales practices, according to a complaint dated July 15, 2009. Allegedly, Borowsky made unsuitable recommendations regarding a variable annuity. As a result, the client sought compensation from SunTrust Investment Services Inc. or Borowsky in the amount of $18,303.60 in this matter. The firm denied this complaint.

Borowsky Involved In SunTrust Client Dispute Regarding Alleged Misrepresentation

Additionally, a client of SunTrust Investment Services Inc. contested Barbara Borowsky’s sales practices, according to a complaint. Allegedly, Borowsky misrepresented the interest rate on a SunTrust index-linked certificate of deposit. So, SunTrust Investment Services Inc. opted to settle the matter on February 27, 2009, by compensating the client in the amount of $7,747.

Losses Because Of Securities Broker Borowsky?

Suffered losses because of any sales practice violation by financial advisor / securities broker Barbara Borowsky? If so, get in touch with Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for many investors in the country, works on a contingency fee basis, and advances all costs. Borowsky and brokerage firms Borowsky worked for deny accusations of sales practice violations.