Last Updated: June 2025 | Tampa, FL
Here’s what you need to know about Tampa, FL Daly City, CA, stockbroker Dennis Michael Azary:
- Name: Mr. Dennis Michael Azary
- CRD Number: 2384263
- Current Employers:
- Finalis Securities LLC, Daly City, CA (since 01/24/2022)
- Third Lake Associates, LLC, Tampa, FL (since 01/19/2024)
- Prior Employers: Grafine Capital Partners, Growth Capital Services, Neighborly Securities
- Function:Stockbroker / Financial Advisor
- Primary Location: Tampa, FL; Daly City, CA
- Can Dennis Azary be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Two Pending Customer Disputes- Seek Damages of $2.1 Million
If you’ve sustained damages from Mr. Azary, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Dennis Azary as Your Stockbroker?
Two pending FINRA arbitration claims have been filed against Dennis Azary by customers of Growth Capital Services, where he served as Chief Compliance Officer (CCO) and Chief Financial Officer (CFO) until 2022.
- Case #23-01081 filed with FINRA on October 3, 2024, alleges breach of contract, general negligence, breach of fiduciary duty, and violation of the California Corporations Code in connection with the sale of Strategic Energy Assets VIII Access Fund, LLC.
- Alleged Damages: $100,000
- Case #24-00172 filed with FINRA on February 2, 2024, claims improper sales and handling of investments in Resolute Capital Partners, Homebound Resources, and other affiliated issuers.
- Alleged Damages: $2,000,000
Both complaints involve investments categorized under Direct Participation Programs (DPPs), Limited Partnerships (LPs), and Promissory Notes, specifically tied to energy sector ventures.
Growth Capital Services ceased doing business
Allegations of Broker Misconduct Against Dennis Azary
Customers of Mr. Azary have made the following allegations in pending disclosure events:
- Breach of Contract
- Negligence and Breach of Fiduciary Duty
- Improper Sales and Handling of Equity and Promissory Investments
- Violations of California Corporations Code
While Mr. Azary asserts that he was not directly involved in the sales or had relationships with the investors, his role as a CCO or FinOP during or shortly after the period in question brings compliance oversight into focus.
These types of allegations, if proven, could constitute violations of FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) and FINRA Rule 2111 (Suitability), which require brokers to adhere to ethical standards and make investment recommendations in the client’s best interest.
Mr. Azary claims that he became Chief Compliance Officer after the questionable activity occurred and denies involvement in the specific transactions under dispute.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Dennis Michael Azary, 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.