Frederick Markley Stow Allegedly Misappropriated Funds from Customer Accounts

Frederick M. Stow, an advisor who worked out of Franklin, Tennessee, allegedly misappropriated funds from customer accounts, according to FINRA Reports under review by investor rights attorney Alan Rosca.

Frederick M. Stow, specifically, engaged in alleged breach of fiduciary duty, conversion, unjust enrichment, tortious interference with contract, tortious interference with business relationships and constructive trust, according to a Pending Customer Dispute filed on Stow’s FINRA BrokerCheck Report.

The aforementioned Dispute was filed on July 1, 2019, FINRA states, is requesting damages of $911,500.00, and claims that the alleged dates of action were from October 2015 until April 2019, FINRA states.

Frederick M. Stow also allegedly misappropriated funds from a client’s account from September 2013 through May 2019, FINRA notes. Said Pending Customer Dispute was filed on June 11, 2019, and has requested damage amounts of $911,500.00, FINRA states.

Investor rights attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Frederick M. Stow’s alleged misappropriation of funds from customer accounts. Investors who believe they may have lost money in activity related to Frederick M. Stow’s alleged misappropriation of funds from customer accounts are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Frederick Markley Stow Discharged by Raymond James & Associates, Inc. Following Allegations of Misappropriating Funds from Customer Accounts

Frederick M. Stow, who was registered to work with customers in Tennessee, was discharged by Raymond James & Associates, Inc., according to an Employment Separation after Allegations Dispute, FINRA notes

Said Dispute was filed on May 29, 2019, FINRA states, and alleges that Stow misappropriated funds from customer accounts.

Frederick M. Stow has an astounding 40 years in the securities industry, and has worked at the following firms:

  • Raymond James & Associates, Inc., Franklin, Tennessee— September 6, 2013 to June 10, 2019
  • Wells Fargo Advisors, LLC, Brentwood, Tennessee— September 24, 2010 to September 12, 2013
  • Suntrust Investment Services, Inc., Nashville, Tennessee— June 27, 2005 to September 28, 2010
  • Suntrust Investment Services, Inc., Atlanta, Georgia— January 21, 2005 to June 30, 2005
  • Robert W. Baird & Co. Incorporated, Milwaukee, Wisconsin— June 27, 2000 to February 8, 2005
  • Northwestern Mutual Investment Services, LLC, Milwaukee, Wisconsin— January 2, 2002 to September 13, 2002
  • Suntrust Equitable Securities, Atlanta, Georgia— May 9, 1989 to July 3, 2000
  • Merrill Lynch, Pierce, Fenner & Smith Incorporated, New York, NY— April 2, 1979 to May 15, 1989

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Frederick M. Stow’s alleged misappropriation of funds from customer accounts. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Frederick M. Stow’s alleged misappropriation of funds from customer accounts may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.

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In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.