National investment loss lawyers KlaymanToskes is investigating barred broker John Barrett (CRD# 4748518) formerly of Emerson Equity.
According to FINRA BrokerCheck, barred broker John Barrett is involved in a customer complaint alleging up to $500,000 in investor damages. The complaint relates to recommendations to invest in real estate securities, and includes allegations of breach of fiduciary duty and negligence.
Investors that suffered losses with broker John Barrett are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Barred financial advisor John Barrett, formerly of Emerson Equity, is currently facing a pending customer complaint alleging up to $500,000 in investor damages due to unsuitable recommendations to invest in a REIT investment. The complaint alleges Violation of common law fraud; breach of fiduciary duty; and negligence. In July 2021, Barrett was permanently barred from acting as a broker by FINRA after he failed to respond to FINRA’s request for information.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged 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.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances 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 John Barrett, or have concerns regarding your investment portfolio at Emerson Equity, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.