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Alan Lowenfels is the Subject of an Energy 11 Investor Dispute

By: kurtablogs Author
November 25, 2025 at 3:05am

Alan Lowenfels (CRD #: 4512765), a broker registered with David Lerner Associates, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on November 24, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On October 7, 2025, an investor alleged that Alan Lowenfels misrepresented an unsuitable purchase of Energy 11. The investor is seeking $165,000.

There are two other investor disputes that have been settled for $40,000.

Misrepresentation

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of information, such as an investment’s potential returns, risks, fees, or limitations.

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Financial goals
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

Background Information

Alan Lowenfels has passed the following exams:

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination

He is a registered broker in 14 states.

Kurta Law Can Help

If you worked with Alan Lowenfels and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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