Former RBC CAPITAL MARKETS of West Palm Beach, LISA J LOWI, Barred by FINRA

Soreide Law Group, based in Pompano Beach, Florida, obtained the following information from FINRA’s BrokerCheck, available to the public on FINRA’s website, concerning former West Palm Beach, Florida broker:
LISA J LOWI (Also Known As:  LISA JACQUELINE LOWI, LISA LOWI, LISA JACQUELINE VINEBERG) CRD#: 1347790
On November 3, 2017, FINRA barred LISA J LOWI from acting as a broker or otherwise associating with firms that sell securities to the public. Without admitting or denying the findings, Lowi consented to the sanction and to the entry of findings that she refused to appear for FINRA on-the-record testimony in connection with its investigation regarding customer complaints and arbitration claims alleging, among other things, unsuitable trading.
(FINRA case #2016048424901)
LISA J LOWI, a was a former broker with RBC Capital Markets in West Palm Beach, Florida, and because she refused to appear for an on-the-record interview with FINRA it resulted in an automatic bar from the securities industry by FINRA. Lowi was employed by RBC from October of 2009 until October of 2015.
According to FINRA’s BrokerCheck, LISA J LOWI has 38 Disclosures on her report, 37 of which are “Customer Disputes,” which were either settled, dismissed or in some cases, are still pending. Several of the complaints involve allegations that Lowi made unsuitable recommendations of energy sector corporate bond investments.
The following are a few of the “Pending Customer Disputes” which appear on Lowi’s BrokerCheck:
-Client alleges the representative was involved as an "intermediary or conduit" in alleged unsuitable recommendations of energy sector corporate bonds. Damages requested, $45,000.
-Clients allege the representative was involved as an "intermediary or conduit" in alleged unsuitable recommendations of energy sector corporate bond investments from 2010 through 2015. As a result of negligent supervision, the Clients had an over concentration in the energy market. They also allege breach of fiduciary duty, negligence, fraud and deceit. Damages requested, $175,000.00.
-Clients allege the representative was involved as an "intermediary or conduit" in alleged unsuitable recommendations of energy sector corporate bond investments. Damages requested $225,000.00.
-Client alleges the representative was involved as an "intermediary or conduit" in alleged unsuitable recommendations of energy sector corporate bond investments. Damages requested $400,000.00.
According to FINRA’s BrokerCheck, LISA J LOWI was in the securities industry for 31 years and was listed with 5 firms, the most recent listed below:
11/10/2015 - 04/29/2016  JANNEY MONTGOMERY SCOTT LLC - BOCA RATON, FL
10/09/2009 - 11/03/2015  RBC CAPITAL MARKETS LLC - WEST PALM BEACH, FL
Recently, RBC, was ordered to pay, along with financial advisor, Bruce Cameron, $723,000 for allegedly concentrating an elderly client into oil and gas MLPs.  This client allegedly had as much as 95% of her portfolio in high-risk oil and gas securities, and suffered devastating losses when oil prices fell in 2014 and 2015.
If you were a client of former broker LISA J LOWI, formerly with RBC Capital Markets in West Palm Beach, Florida, and suffered losses, particularly in the over-concentration of energy corporate bonds, contact Soreide Law Group, conveniently based in Pompano Beach, Florida, for a no-cost consultation with a securities lawyer regarding the possible recovery of your investment losses at:  888-760-6552.
Soreide Law Group will represent you nationwide before FINRA on a contingency fee basis.  Let our years of experience work for you.