National investment loss lawyers KlaymanToskes is investigating broker Keith Baron (CRD# 3231494) of Equity Services, Inc., who has been hit with a regulatory complaint by the Financial Industry Regulatory Authority (“FINRA”), in connection with the regulator’s investigation into a customer complaint alleging that he made material misrepresentations to the investors, who are a married senior couple, in connection with his recommendation of a certain Company’s stock.
According to FINRA’s findings, Keith Baron recommended the purchase of Company A, a financially troubled company, to two senior investors, Investor A and Investor B. In connection with his recommendations, Baron allegedly made misrepresentations to Investors A and B regarding Company A’s prospects and also concealed from Investors A and B that he had a consulting agreement with Company A that entitled him to receive payments after Company A obtained funding. Based on Baron’s recommendations, Investors A and B invested over $350,000 in Company A.
From 2015 to 2017, Baron allegedly failed to provide prior written notice to his FINRA member firm, Equity Services Inc., that he was serving as a consultant to Company A pursuant to a written consulting agreement that entitled him to a $10,000 monthly fee. To the contrary, on his annual certifications to the firm, Baron allegedly falsely claimed not to have any undisclosed outside business activity. By failing to provide prior written notice of his outside business to Equity, Baron violated FINRA Rule 3270 and Rule 2010.
Investors that suffered losses with broker Keith Baron are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigation of broker Keith Baron:
If you suffered losses with broker Keith Baron, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorneys fees and costs.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Keith Baron. These signs could potentially indicate broker misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to FINRA, brokerage firms such as Equity Services, Inc. are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate the specific circumstances of your case is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Keith Baron, or have concerns regarding your investment portfolio at Equity Services, Inc., contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.