Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Meyer Wilson Investigates Barbara Borowsky for Recommending Unsuitable Investments

Did You Suffer Losses Due to Broker Misconduct?

Investors often put a great deal of trust in their investment advisers and stockbrokers. Unfortunately, there are times when that trust is broken resulting in substantial investment losses. If you sustained losses related to investment fraud or misconduct, you might be able to recover those losses through litigation or arbitration.

At Meyer Wilson, we represent individuals who have suffered financial losses due to unsuitable recommendations made by their investment adviser or broker. Our lawyers have secured millions of dollars on behalf of our clients and will work tirelessly to get you the recovery you deserve. Contact our office today at (614) 532-4576 to schedule a free consultation. 

Pending Customer Disputes Against Barbara Borowsky

The Financial Industry Regulatory Authority (FINRA) provides detailed information about registered brokers through BrokerCheck. A broker’s BrokerCheck report contains data about the broker’s years of experience in the industry, firms that they have worked for, and state licenses that they hold. The BrokerCheck report also details any disclosures that the broker has including customer complaints, regulatory actions, and employment terminations.

According to Barbara Borowsky’s BrokerCheck report, she has one pending customer dispute. The dispute was filed while she was a registered representative of Dempsey, Lord, Smith, LLC. The complaint alleges that she made unsuitable investment recommendations and misrepresented investments related to Direct Investment - DPP & LP Interests. The damages in the case have not been specified.

Settled Customer Disputes Against Borowsky

In addition to the current pending dispute, Barbara Borowsky has two settled disputes against her. Both were filed while she was employed as a broker and investment adviser with Suntrust Investment Services, Inc. 

In February 2009, a customer dispute alleged that Borowsky made misrepresentations related to the interest rate on a “Suntrust Index-Linked Certificate of Deposit” or a SILC. The client was reportedly told that the SILC would pay 6% simple interest every year. That was, however, incorrect. The matter was settled for over $7,000.

A complaint filed in July of the same year was denied. Accusations included that the recommendation of investing in a variable annuity was unsuitable due to the risk of loss of principal. Unsuitable investment recommendations are a common form of investment fraud.

What to Do If You Believe an Investment Recommendation Was Unsuitable

If you believe that your broker or investment advisor made an unsuitable recommendation resulting in losses, you need to speak with an attorney. Depending on the situation you might be entitled to compensation for your losses. An attorney can help you understand your rights and help determine the best course of legal action.

Did You Suffer Losses Related to Investment Fraud?

If you sustained investment losses after investing with Barbara Borowsky or another broker accused of misconduct, call our office to speak directly with an attorney.  Contact our office at (614) 532-4576 to schedule a free, no-obligation consultation.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram