UPDATE! ADAM LOPEZ Barred After Swindling Customers
Adam Lopez from Springfield, Illinois Barred from Securities Industry
Have you lost money with financial advisor Adam Lopez from Springfield, Illinois? We are looking into allegations made by FINRA (the Financial Industry Regulatory Authority) against Adam Michael Lopez. FINRA barred Lopez from the securities industry after he failed to respond to an investigation. FINRA was investigating Lopez regarding allegations that he stole money from customers.
Lopez was previously the subject of a complaint by the Illinois Securities Department. Lopez was previously registered with Country Capital Management Company. Illinois alleged that Lopez swindled his family members (who were also clients) out of $403,000.
Adam Lopez was a registered representative and financial advisor of Country Capital Management Company from September 2008 to September 2018. He worked at a branch office in Springfield, Illinois. According to Lopez’s BrokerCheck report, he has been the subject of at least five customer complaints, and he was also terminated by Country Capital.
Broker-dealers like Country Capital have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives. Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations. When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Ann Arbor, Michigan; and Seattle, Washington. We represent investors in FINRA arbitration in all 50 states, including over 150 investors in the past from throughout the Springfieldland area, Northern Illinois, and Central Illinois.
Attorney David Neuman was born in Berwyn, Illinois and grew up in the western suburbs in Addison. He earned a degree in Finance at the University of Illinois in Urbana-Champaign before earning his law degree at Northern Illinois University in DeKalb, Illinois. Mr. Neuman also previously worked for a number of Springfield area law firms, including firms in St. Charles, Geneva, Chicago, and Barrington.
Click to view: Lopez, Adam FINRA AWC
Click to view: Lopez, Adam Illinois Complaint (1)
Click to view: Lopez, Adam BrokerCheck 11.9.18 (1)
See Related Article: Adam Lopez and Country Capital Complaints
If you lost money with Adam Lopez or Country Capital Management, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.