Last Updated: September 2025 – Garden City, NY
Here’s what you need to know about Garden City, NY, stockbroker John J. Stapleton:
- Name: John Joseph (“John J.”) Stapleton.
- Current Employer: Spartan Capital Securities, LLC (CRD# 146251); registered since 11/04/2015; primary branch office: 595 Stewart Avenue, 8th Floor, Garden City, NY 11530.
- Prior Firms: Craig Scott Capital, LLC (2013–2015, Uniondale, NY); Rockwell Global Capital LLC (2010–2013, Melville, NY); JHS Capital Advisors, Inc. (2005–2010, Bethpage, NY); Great Eastern Securities, Inc. (2005, New York, NY); GunnAllen Financial, Inc. (2004–2005, Tampa, FL); LH Ross & Company, Inc. (2004, Boca Raton, FL); Continental Broker-Dealer Corp. (1997–2004, Carle Place, NY).
- CRD number: 2791194.
- Stockbroker / Financial Advisor. Yes
- Can Broker be Sued in FINRA: Yes
- Sanctioned by Securities Regulators: Yes
- Pending Regulatory Investigation: Yes
- Discloses Outstanding Liens: Yes, five of which are tax liens.
- Highest Award or Settlement: $250,000
- Two Current Customer Disputes Seek Total Damages of:$575,000
If you’ve sustained damages from Mr. Stapleton, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With John J. Stapleton As Your Stockbroker?
- Pending FINRA Arbitration — Filed June 2025 (FINRA Case No. 25-01159): A customer alleges unsuitable trading activity, unauthorized transactions, and excessive commissions in OTC and listed equities while Mr. Stapleton was with Spartan Capital; the claim seeks $200,000 in damages and remains pending.
- Pending FINRA Arbitration — Filed July 2024 (FINRA Case No. 24-01461):A customer alleges Fraud, Unsuitability, Negligent Failure to Supervise, Misrepresentation and Omissions tied to these private placements:
Rubric, Impossible Foods, Scopely, Just, Zebra, and Grab. Damages of $375,000 are sought.
- Award to Customer — Decided October 2, 2017 (FINRA Case No. 16-03645): A customer was awarded $20,600 on an unsuitability claim involving listed equities.
- Regulatory Action — NASD (Initiated Aug. 10, 2005; Final Mar. 16, 2006; Dkt. E9B2003033501): Findings included excessive trading/churning, unsuitable recommendations (equities and options), and fraudulent practices under Exchange Act §10(b) and SEC Rule 10b-5, resulting in $10,000 fine, $104,073.05 restitution, and a 60-business-day suspension.
- Wells Notice (pending investigation) — FINRA (Notice dated Feb. 18, 2025): FINRA staff made a preliminary determination to recommend charges alleging churning, unsuitable/excessive trading (FINRA Rules 2111 & 2010), fraud.
What is Excessive Trading (Churning)?
Churning According to U.S. Securities and Exchange Commission (SEC)
Other Investigations Involving Churning
Allegations of Broker Misconduct Against John Joseph Stapleton
- Unsuitability — recommending transactions not reasonably suitable given the customer’s profile (FINRA Rule 2111 suitability; violations also implicate Rule 2010 if conduct falls below standards of commercial honor).
- Breach of Fiduciary Duty — particularly where discretionary control or advisory-like relationships are alleged; broker-dealers must also satisfy Regulation Best Interest (SEC Rule 15l-1) for retail customers.
- Fraud / Misrepresentation or Omission of Material Facts — prohibited by Exchange Act §10(b) and SEC Rule 10b-5, and by FINRA Rule 2020 (use of manipulative or deceptive devices).
- Unauthorized Trading / Excessive Trading (Churning) — executing trades without proper authorization or excessively to generate commissions can violate FINRA Rule 3260 (discretionary accounts), Rule 2111(suitability), and Rule 2010.
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
Other Investigations Involving Spartan Capital Securities Brokers
If you have suffered investment losses in an account handled by John J. Stapleton, 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.