| Read Time: 2 minutes | Calton and Associates Complaints | News & Articles |


Shawn Spellacy Of Calton & Associates, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Shawn Spellacy of Calton & Associates, Inc.?

Shawn Spellacy

Shawn Spellacy (CRD #2275119) who is currently registered as a broker and investment adviser with Calton & Associates, Inc. and located in Fair Oaks, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Calton & Associates, Inc., Shawn Spellacy was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Shawn Spellacy Customer Complaints

Shawn Spellacy has been the subject of 3 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by Calton & Associates in favor the investors. The other customer complaint which was recently filed is under review by Calton & Associates and is still pending.

Allegations Against Shawn Spellacy

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses follows:

  • Unsuitable investment recommendations.
  • Misrepresentations, breach of fiduciary duty and failure to do due diligence in connection with a 1031 exchange.
  • Violation of California code, misrepresentations and omissions, breach of fiduciary duty, violation of NASD conduct rules.

Shawn Spellacy Red Flags & Your Rights As An Investor

Of course, Shawn Spellacy did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Shawn Spellacy at Calton & Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Shawn Spellacy has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Calton & Associates, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Calton & Associates, Inc. Due To Shawn Spellacy

If you have questions about Calton & Associates, Inc. and/or Shawn Spellacy and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars