Broker Investigation – Adam Michael Lopez – Country Capital Management
According to the Financial Industry Regulatory Authority (FINRA), on December 17, 2018, the regulator has reportedly barred Adam Michael Lopez from associating with any FINRA member at any time.
According to the Letter of Acceptance, Waiver & Consent, Lopez purportedly refused to provide FINRA with requested documents and information in connection with its investigation in regards to an internal review into Lopez’s conduct while working at his member firm.
The findings allegedly stated that his member firm, Country Capital Management Company, amended Lopez’s Form U5 to state that he was under investigation by a domestic or foreign governmental body or self-regulatory organization with jurisdiction over investment-related business.
The amended Form U5 also stated that Lopez was allegedly under internal review and was discharged after allegations were made alleging, fraud or wrongful taking of property, or violating investment-related statutes, regulations, rules or industry standards of conduct.
According to his FINRA BrokerCheck report, Lopez was reportedly a registered representative with Country Capital Management Company in Springfield, Illinois from September 2008 until September 2018 when he was discharged. He has 5 pending customer complaints listed on his broker report. Allegations reportedly include embezzlement, fraud, and conversion.
Failure to Supervise
The White Law Group is investigating potential claims regarding the liability that his former employers may have for failure to properly supervise Adam Michael Lopez.
Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.
If you are concerned about your investments with Adam Michael Lopez, the securities attorneys of The White Law Group may be able to help you. For a free consultation with a securities attorney, please call 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.