Last Updated: January 2026 (Waco, TX)
Eric Adam Stiba Investigation Summary
Here’s what you need to know about Waco, TX stockbroker Eric Adam Stiba:
- Name: Eric Adam Stiba
- Current Employer: Integrity Alliance LLC (since 11/2025)
- DBA: Stiba Wealth Management
- Prior Employers: Lion Street Advisors, LLC; Lion Street Financial, LLC, Woodbury Financial Services
- Function: Stockbroker / Financial Advisor/ Registered Investment Advisor
- Primary Location: Waco, TX
- CRD Number: 5635690
- Can Eric Stiba be sued in FINRA arbitration: Yes
- Highest Settlement or Award: $90,250
If you’ve sustained damages from Mr. Stiba, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Eric Stiba As Your Stockbroker?
Several customers have filed complaints against Eric Stiba, including allegations of making unsuitable investment recommendations and misrepresentation of investment risks.
Allegations of Broker Misconduct Against Eric Stiba
Customers of Eric Stiba have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable investment recommendations to invest in alternative investments
- Misrepresentation and omission of material facts
Detailed Information
Eric Stiba has settled several customer disputes and is currently the subject of a regulatory investigation.
- Customer Dispute: A customer filed a claim on September 21, 2023, alleging that Stiba recommended an unsuitable alternative investment in April 2020. The complaint was settled for $37,500 on March 7, 2024
- Customer Dispute: Another customer filed a complaint on November 21, 2022, alleging that Stiba recommended an unsuitable alternative investment in July 2020. The complaint was settled for $65,000 on October 19, 2023
- Customer Dispute: On December 5, 2022, a customer alleged that Stiba recommended an unsuitable alternative investment in January 2021. The complaint was settled for $30,000 on December 28, 2022, with Stiba contributing $27,500.
- Customer Dispute: In 9/2024 a customer of Lion Street Financial was paid $90,250 to resolve allegations that Stiba made an inappropriate recommendation to a novice investor to invest in an alternative investment.
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. For more investigations involving Alternative Investments, see this.
Brokers and their firms have a duty to comply with FINRA rules, including the suitability rule (FINRA Rule 2111) and the obligation to observe high standards of commercial honor and just and equitable principles of trade (FINRA Rule 2010). Allegations such as unsuitable recommendations and misrepresentation suggest potential violations of these obligations.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Eric Adam Stiba, 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.