National investment loss lawyers KlaymanToskes is investigating broker Jonathan Barter of UBS Financial Services (CRD #2975538).
According to FINRA BrokerCheck, Jonathan Barter of UBS Financial Services is currently facing a customer dispute alleging $18,000,000 in investor damages due to allegations of making an unsuitable recommendation to invest in municipal bonds.
Investors that suffered losses with broker Jonathan Barter are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Jonathan Barter, a broker registered with UBS Financial Services, is currently facing an investor dispute. According to his BrokerCheck record, an investor alleges that Barter recommended an investment in municipal bonds that was not suitable for them. The investor is seeking to recover $18 million in damages. Over his 26-year career, Barter has worked with four firms: UBS Financial Services, Merrill Lynch, Pierce, Fenner & Smith, Nuveen Investments, and Dean Witter Reynolds.
FINRA Rule 2111, also known as the Suitability Rule, requires brokers to make investment recommendations that match the investor’s profile. This profile includes factors like investment goals, age, risk tolerance, time horizon, investing experience, and tax status. If an investment does not meet these criteria, it may be considered unsuitable.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Jonathan Barter. These signs could potentially indicate 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.
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 Jonathan Barter, or have concerns regarding your investment portfolio at UBS Financial Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.