Craig Zabala, previously with John W. Loofbourrow Associates, Barred by FINRA

Have you lost money with financial advisor Craig Zabala?  We are investigating allegations made about Craig A. Zabala of New York, New York.  FINRA (the Financial Industry Regulatory Authority) barred Zabala from the securities industry after Zabala failed to respond to its investigation.   FINRA was investigating Zabala regarding allegations that he engaged in outside business activities and private securities transactions while he was affiliated with John W. Loofbourrow Associates.

Craig Zabala was a financial advisor and registered representative of John W. Loofbourrow Associates from February 2015 to April 2019.  He worked in a branch office in New York, New York.  He also ran companies called Concorde Group, Blackhawk Capital Group, and Barak Asset Management.

Brokerage firms like John W. Loofbourrow Associates have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Phoenix, Arizona.  We represent investors in FINRA arbitration proceedings in all 50 states, including New York.  Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past.

Click to view:  Zabala, Craig FINRA AWC

Click to view:  Zabala, Craig BrokerCheck 8.28.19

If you lost money with Craig Zabala or John W. Loofbourrow Associates, please CONTACT US at 720-599-3505 for a free evaluation of your case.