Louis Valdez: Complaint Against NYC Spartan Advisor Seeks $1 Million

New York City financial advisor Louis Valdez (CRD# 2926686) recently received an investor complaint alleging that his conducted resulted in seven-figure damages. Financial Industry Regulatory Authority records indicate that he is a broker with Spartan Capital Securities, having previously been registered with BlackBook Capital and Columbus Advisory Group.

Mr. Valdez’s BrokerCheck report discloses one investor complaint. Filed in November 2022, it alleges that as a representative of Spartan Capital Securities, he breached his fiduciary duty, breached contract, acted negligently, and failed in his supervisory duties in connection with a private placement investment. The pending complaint alleges damages of $1,000,000.

According to the Financial Industry Regulatory Authority, Louis Valdez holds 24 years of securities industry experience. Based in New York City, he has been a broker with Spartan Capital Securities since 2016. His registration history includes Blackbook Capital (NYC; 2015-2016), Columbus Advisory Group (NYC; 2013-2015), Empire Asset Management Company (NYC; 2013), John Carris Investments (Hoboken, New Jersey; 2011-2013), Joseph Gunnar & Company (NYC; 2010-2011), Westrock Advisors (NYC; 2008-2010), Capital Growth Financial (NYC; 2005-2008), Sky Capital (NYC; 2002-2005), National Securities Corporation (Boca Raton, Florida; 2002), Somerset Financial Group (Princeton, New Jersey; 2001-2002), Grayson Financial (Red Bank, New Jersey; 2001), Montrose Capital Management (NYC; 2000-2001), Coleman & Company Securities (NYC; 1998-2000), and Royal Hutton Securities Corporation (NYC; 1998). His credentials include the passage of four securities industry qualifying exams: the Corporate Securities Limited Representative Examination, or Series 62; the Securities Industry Essentials Examination, or SIE; the Securities Industry Essentials Examination, or Series 7TO; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in California, Colorado, the District of Columbia, Florida, Georgia, Hawaii, Minnesota, New Jersey, New York, Pennsylvania, and Texas. (Information current as of February 15, 2023.)

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