Advisor Alert: Our Attorneys Are Investigating Travis J Lippmann For Investment Fraud
Did You Lose Money Because of Travis Lippmann?
Filed: January 16, 2024
Travis Lippmann has been the subject of four (4) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Travis J Lippmann.
Who Is Travis J Lippmann of Spartan Capital Securities, LLC?
- Advisor Name: Travis J Lippmann
- Aliases: Travis Justin Lippmann
- CRD: 5908823
- Location: New York, New York
- Current Employer: Spartan Capital Securities, LLC
- Previous Firms: Joseph Stone Capital L.L.C., Primary Capital, LLC, and Newbridge Securities Corporation
- Number of Known Customer Complaints: 4
- Can Travis Lippmann Be Sued: Yes, in Private Arbitration
- Can Travis Lippmann’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $853,231.33
- Highest Settlement: $120,000
If you have suffered investment losses by Travis Lippmann, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Travis Lippmann For Broker Misconduct
As of this publication date, Travis Lippmann has been the subject of 4 customer disputes. Let’s review them below.
In July 2021, a FINRA arbitration was filed against or in reference to Travis Lippmann by a customer of Joseph Stone Capital L.L.C. alleging unsuitable trading. Per the customer, he/she lost over $853,231.33 because of Mr. Lippmann’s actions. On February 22, 2023, Mr. Lippmann settled the claim for $120,000, and some or all of this amount may have been paid by Mr. Lippmann’s employer and/or insurance carrier.
In January 2020, a FINRA arbitration was filed against or in reference to Travis Lippmann by a customer of Dawson James Securities, Inc., Maxim Group LLC, and Newbridge Securities Corp. alleging breach of fiduciary duty, unsuitable investments, misrepresentation and negligence. Per the customer, he/she lost over $450,000 because of Mr. Lippmann’s actions. On November 10, 2020, Mr. Lippmann settled the claim for $90,000, and some or all of this amount may have been paid by Mr. Lippmann’s employer and/or insurance carrier.
In August 2019, a FINRA arbitration was filed against or in reference to Travis Lippmann by a customer of Dawson James alleging unsuitable recommendations, citing reasonable basis suitability, customer specific suitability, and over concentration. The client also alleges material misrepresentations and omissions. Per the customer, he/she lost over $200,000 because of Mr. Lippmann’s actions.
In May 2017, a complaint was filed against or in reference to Travis Lippmann by a customer of Dawson James alleging misrepresentations, suitability, and failure to follow. Per the customer, he/she lost over $34,000 because of Mr. Lippmann’s actions.
How To File A Claim Against Travis Lippmann of Spartan Capital Securities, LLC (previously with Joseph Stone Capital L.L.C., Primary Capital, LLC, and Newbridge Securities Corporation) To Get Your Money Back
If you have questions about Travis Lippmann, Spartan Capital Securities, LLC, Joseph Stone Capital L.L.C., Primary Capital, LLC, Newbridge Securities Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.