August 29, 2026

John Lamont Linked To David Lerner Associates Investor Arbitration Claim Re: Misrepresentation

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Investors might have sustained losses due to securities broker John Maurice Lamont (also known as Jack Lamont) [CRD: 847214, Westport, Connecticut], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Lamont has worked for David Lerner Associates Inc. since August 15, 1989, and Spirit of America Management Corp since March 28, 2018. See below to discover more about Lamont’s disclosures.

David Lerner Investor Accused Jack Lamont Of Misrepresentation

Evidently, on March 30, 2026, a David Lerner Associates client filed FINRA Arbitration No. 26-00707 about John Lamont. Primarily, the client alleged that Lamont made misrepresentations and omissions and made unsuitable recommendations. Because of this, the client allegedly sustained damages linked to an Energy 11 private placement. Consequently, the client requested $100,000 in compensation from David Lerner Associates or Lamont. BrokerCheck shows that this arbitration is awaiting a resolution.

John Lamont Disclosed Unsuitable Advice Allegations By David Lerner Client

Particularly, a client of David Lerner Associates disputed Lamont’s sales practices, according to a complaint dated November 10, 2025. Allegedly, Lamont made unsuitable recommendations in private placements. It appears that Lamont allegedly caused the client to sustain damages. As a result, the client sought compensation from David Lerner Associates or Lamont in the amount of $50,000 in this matter. The firm denied the complaint on December 8, 2025.

David Lerner Investor Accused Jack Lamont Of Unsuitable Recommendations

Also, on November 10, 2025, a David Lerner Associates client filed a complaint about John Lamont. Mainly, the client alleged that Lamont made unsuitable recommendations. For this reason, the client allegedly sustained damages linked to an Energy 11 L.P. private placement. Therefore, the client requested $50,000 in compensation from David Lerner Associates or Lamont. The firm denied the complaint on December 8, 2025.

Were You Impacted By Financial Advisor / Securities Broker John Lamont?

Are you concerned about investments you made through John Lamont? Get in touch with Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the US. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Lamont and the brokerage firms Lamont worked for deny accusations of sales practice violations.

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