National investment loss lawyers KlaymanToskes is investigating broker Lanny Howarter (CRD# 813591) formerly of Crown Capital Securities.
According to FINRA BrokerCheck, broker Lanny Howarter, formerly of Crown Capital Securities, is facing a customer complaint alleging $325,000 in investor damages due to unsuitable recommendations to invest in alternative investments, including oil&gas securities.
Investors that suffered losses with broker Lanny Howarter are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, former Crown Capital Securities broker Lanny Howarter is involved in a customer complaint alleging $325,000 in damages, in connection with breach of fiduciary duty, lack of suitability, impermissible overconcentration and misrepresentation & omission of material information in the sale of an alternative investment.
A previous customer complaint filed in November 2021 resulted in a $65,000 settlement in favor of the investor, while another previous complaint filed in September 2021 resulted in a $89,900 settlement. Additionally, two more customer complaints filed in April 2021 resulted in a $330,000 settlement and a $112,500 settlement in favor of the customers. According to FINRA Brokercheck, Lanny Howarter was registered as a broker with Crown Capital Securities from 2009 to May 2024 in El Cajon, CA.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Lanny Howarter, or have concerns regarding your investment portfolio at Crown Capital Securities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.