Last Updated: April 2024 (Ridgewood, New Jersey/ Austin, TX )
Deborah Stackpole Investigation Summary
Here’s what you need to know about Ridgewood, New Jersey/ Austin, Texas, stockbroker Deborah Stackpole:
- Name: Deborah Ann Stackpole
- Current Employer: Stonecrest Capital Markets, Stonecrest Advisors (RIA)
- Previous Firms: Royal Alliance Associates, Investment Advisors & Consultants, AKTT Financial Group
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Deborah Brown, Deborah NMH Stackpole, Deborah Stackpole
- Primary Location: Ridgewood, New Jersey/ Austin, Texas
- CRD 4969850
- Can Deborah Stackpole be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Two Pending Customer Disputes Seek Damages Totaling $690,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Deborah Stackpole As Your Stockbroker?
Two customers have made claims that Deborah Stackpole gave poor advice and recommendations to invest in alternative investments and private placements. The subject investments include GWG Holdings L-Bonds and Northstar Healthcare Inc. One customer seeks damages of $300,000 and the other alleges damages of $390,000.
[LEARN MORE]:
Other Investigations of GPB Holdings
How to recover losses on GWG Bonds-UPDATE
Overwhelmed by GWG Losses Some Broker Dealers Are Shutting Down
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
Private Placements under Reg D: What is a Private Placement? According to the U.S. Securities and Exchange Commission (SEC):
“Under the federal securities laws, a company may not offer or sell securities unless the offering has been registered with the SEC or an exemption from registration is available. Offerings exempt from the SEC’s registration requirements pursuant to Securities Act Section 4(a)(2) or its safe harbor under Regulation D of the Securities Act are often referred to as private placements.”
The SEC warns that unregistered offerings may be utilized to conduct investment scams and that investors should have the ability to weather a total loss in these illiquid investments. See this SEC Investor Alert about red flags to watch out for in unregistered offerings.
Allegations of Broker Misconduct Against Deborah Stackpole
Customers of Deborah Stackpole have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Recommendation to invest in private placements
- Poor Advice
[LEARN MORE]: See this for more information on REITs and Other Alternative Investments
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Who is Stonecrest Capital Markets?
According to their website, Stonecrest Capital Markets (formerly known as Redwine & Company) is a “ full service brokerage firm with three distinct divisions. Founded as an institutional trading operation, we now trade and offer products spanning from investment banking to retail trading. A few areas we are focused on include, but are not limited to: Fixed Income, Equities/Options, Alternative Investments, Private Placements, 1031 DST Exchanges, Mutual Funds, and various Insurance products.”
Their FINRA CRD indicates the company was formed in North Carolina in 1995 and is headquartered in Austin, Texas. Additional locations include Miami, New York, Ridgewood New Jersey, San Antonio and San Juan Puerto Rico.
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: What is a Delaware Statutory Trust (DST)?
If you have suffered investment losses in an account handled by Deborah Stackpole, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
