Broker Frederick Stow Allegedly Misappropriated Funds from Customer Accounts According to Customer Complaint Under the Review of Securities Lawyers
Frederick Markley Stow, an advisor who worked out of Franklin, Tennessee, allegedly misappropriated funds from customer accounts, according to FINRA Reports under review by securities lawyer Alan Rosca. Stow 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.
Securities Lawyer Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Frederick Stow’s alleged misappropriation of funds from customer accounts. Investors who believe they may have lost money in activity related to 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.
Previously Registered Broker and Investment Adviser Stow Discharged by Raymond James & Associates Following Allegations of Misappropriating Funds from Customer Accounts
Frederick Stow, who was registered to work with customers in Tennessee, was discharged by Raymond James & Associates, 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
Tennessee Broker Frederick Stow Barred from Association with Any FINRA Member
According to Stow’s FINRA Brokercheck report, under the review by securities lawyer Alan Rosca, on October 18, 2019 FINRA sent Stow a Notice of Suspension and on November 12, 2019 FINRA followed up with a Suspension from Association letter. Pursuant to FINRA’s rules, Stow was automatically barred from association with any FINRA member in all capacities after Stow failed to request termination of his suspension within three months of the date of the Notice of Suspension.
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 or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.
Invested with Barred Broker Frederick Stow? Securities Lawyer Investigating
The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Frederick 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. Securities lawyer Alan Rosca, an investor advocate 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 broker Frederick 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 arosca@rscounsel.law, or through the contact form on this webpage.