National investment loss lawyers KlaymanToskes is investigating broker Richard Wright Barber (CRD# 1298800) a/k/a Rich Barber of Glendale Securities.
According to FINRA BrokerCheck, broker Rich Barber is involved in a customer complaint alleging approximately $40,000,000 in investor damages. The complaint relates to unsuitable private equity investments at Glendale Securities and alleges a long-running, ongoing, securities fraud scheme that has defrauded investors of at least $40 million.
Investors that suffered losses with broker Rich Barber 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.
Financial advisor Rich Barber, of Glendale Securities, is currently involved in a pending customer complaint alleging $40,000,000 in investor damages. The complaint alleges that a long-running, ongoing, securities fraud scheme has defrauded investors of at least $40 million. From 2015-2023, shares in numerous corporate entities were reportedly sold to investors by falsely claiming that these entities had developed industry-disrupting technologies.Barber is currently registered as a broker with Glendale Securities and Techspeed Clearing in Sherman Oaks, CA and Addison, TX.
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 Rich Barber, or have concerns regarding your investment portfolio at Glendale Securities, 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.