Stoltmann Law Offices is investigating Merrill Lynch broker James Lowther, who is currently involved in two pending customer complaints against him. Lowther, who works in the Merrill Lynch branch in Sarasota, Florida, allegedly executed unauthorized trades, recommended unsuitable investments, misrepresented and omitted material facts in connection to investments in master limited partnership (MLP) products, failed to follow instructions, and omitted material facts in connection to investments in common and preferred stock. These are all against securities rules and regulations and against internal firm rules. According to Lowther’s BrokerCheck report with the Financial Industry Regulatory Authority (FINRA), James Lowther was previously registered with Painewebber Inc. in Weehawken, New Jersey from March 1990 until May 1992, Lehman Brothers in New York, New York from May 1992 until July 1993, Citigroup in New York from July 1993 until July 2004 and Morgan Keegan in Bradenton, Florida from July 2004 until March 2010. He is currently registered with Merrill Lynch in Sarasota, Florida and has been since March 2010. He has two customer disputes against him, one of which is currently pending.
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