Securities Lawyers Blog
The law offices of Gana Weinstein LLP are currently investigating claims that advisor Frederick Stow (Stow) was discharged by his employer after being accused of misappropriating client funds. According to BrokerCheck records, Stow is formerly registered with The Financial Industry Regulatory Authority (FINRA) member firm Raymond James & Associates, Inc. (Raymond James). In addition, Stow disclosed two customer complaints related to misappropriating funds. If you have been a victim of Stow’s alleged misconduct our firm may be able to assist you in recovering funds.
In May 2019 Stow was discharged by Raymond James after the firm claimed that Stow misappropriated funds from customer accounts.
Thereafter, in June 2019 a customer filed a complaint alleging that Stow violated the securities laws by misappropriating funds from 2013 through 2019. The claim alleges $911,500 in damages and is currently pending.
In July 2019 a customer filed a complaint alleging that Stow violated the securities laws by misappropriating funds from 2015 through 2019. The claim alleges $911,500 in damages and is currently pending.