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Broker Misconduct Investigation: Kittiany Davis Barrios (PFS Investments)

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Updated on: January 6, 2025

National investment loss lawyers KlaymanToskes is investigating broker Kittiany Davis Barrios, formerly of PFS Investments (CRD #6941840).

According to FINRA Brokercheck, Kittiany Davis Barrios, formerly of PFS Investments in was barred by FINRA in October 2024 for refusing to cooperate with an investigation regarding possible undisclosed outside business activities and private securities transactions, following her resignation from the firm in January 2024.

Investors that suffered losses with broker Kittiany Davis Barrios 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.

FINRA Bars Broker Kittiany Davis Barrios for Rule Violations

FINRA disclosed findings regarding Kittiany Davis Barrios through a Letter of Acceptance, Waiver, and Consent on October 17, 2024. The findings detail that FINRA requested documents and information following a civil complaint filed by a customer of her former member firm.

According to FINRA Rule 8210, associated persons must provide information regarding matters under investigation. The findings state that while Davis Barrios initially provided information, she later declined to provide on-the-record testimony requested in September. This constituted violations of both Rule 8210 and Rule 2010, which requires brokers to maintain high standards of commercial honor in their business conduct. In January 2024, PFS Investments reported that Davis Barrios resigned during an internal review regarding undisclosed outside business activities and private securities transactions. 

Investment Losses with Broker Kittiany Davis Barrios?

Investment Losses with Broker Kittiany Davis Barrios?

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Signs Investors Should Look Out For About Their Brokerage Accounts

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:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

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 Kittiany Davis Barrios, or have concerns regarding your investment portfolio at PFS Investments, 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.