Last Updated: May 2026 – Parma, OH
Here’s what you need to know about Parma, OH stockbroker Dennis Twarogowski:
- Name: Mr. Dennis Clarence Twarogowski
- Current Employer: Independence Capital Co., Inc.
- Prior Employers: The O.N. Equity Sales Company, Managed Investments, Inc.
- Function: Stockbroker / Financial Advisor
- Primary Location: Parma, OH
- CRD Number: 1033169
- FINRA Arbitration Eligibility: Yes
- Sanctioned by FINRA: Yes (failure to supervise sales of GWG L-Bonds)
If you’ve sustained damages from Mr. Twarogowski, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Dennis Twarogowski as Your Stockbroker? GWG L-Bond Losses?
In 1/2026 FINRA sanctioned Twarogowski by fining him $5,000 and suspending him from acting as a general securities principal for three months (2/17/2026-5/17/2026) to resolve allegations that he failed to supervise five advisors who recommended that customers invest in GWG L-Bonds between 8/2020-2/2021. According to the FINRA complaint these recommendations were speculative, illiquid, involved a high degree of risk, and were only suitable for persons with substantial financial resources who had no need for liquidity.
Allegations of Broker Misconduct Against Dennis Twarogowski
Failure to Supervise
Under FINRA Rule 3110, supervisory personnel are required to reasonably supervise all representatives and ensure that all investment recommendations and transactions are compliant with regulatory standards.
The Financial Industry Regulatory Authority (FINRA) mandates that brokers report customer disputes, regulatory sanctions, and certain financial events. As such, this disclosure is publicly available through the BrokerCheck system.
Recover Your Investment Losses Now With Rex Securities Law
Other Investigations Involving GWG Bonds
If you have suffered investment losses in an account handled by Dennis Twarogowski, 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.