National investment loss lawyers KlaymanToskes is investigating broker Peter Barry of Raymond James & Associates (CRD #2235548).
According to FINRA BrokerCheck, Peter Barry of Raymond James & Associates, Inc. is facing a pending investor complaint alleging $1,428,201 in damages due to unsuitable investment recommendations involving alternative investments, micro-cap securities, REITs, improper bond trading, portfolio concentration, poor cash management, inappropriate securities-backed credit lines, and excessive fees.
Investors that suffered losses with broker Peter Barry 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.
Peter Barry of Raymond James & Associates is facing a $1.4 million investor complaint according to FINRA BrokerCheck records. The complaint alleges that Barry recommended an unsuitable and high-risk portfolio that included alternative investments, micro-cap and small-cap securities, and REITs. Barry has been registered with Raymond James in Palm Beach Gardens, Florida since 2015. Prior to that, he was affiliated with Morgan Stanley from 2009 to 2015.
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 Peter Barry, or have concerns regarding your investment portfolio at Raymond James & Associates, 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.