National investment loss lawyers KlaymanToskes continues to investigate broker Tony Barouti (CRD# 3031995) of Emerson Equity following the filing of 25 customer complaints with the Financial Industry Regulatory Authority (“FINRA”). Barouti’s customers are seeking over $5 million in collective damages and allege unsuitable investment recommendations, including in alternatives such as GWG L Bonds.
KlaymanToskes currently represents an 81-year-old investor who is seeking the recovery of up to $195,000 in a FINRA Arbitration Claim (no. 23-02390) against Emerson Equity and Los Angeles, California-based broker Tony Barouti a/k/a Ahmad Agha Barouti in connection with his recommendation of unsuitable, illiquid, and speculative GWG L Bond investments.
Investors that suffered losses with Tony Barouti are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigation of broker Tony Barouti:
If you suffered losses with broker Tony Barouti at Emerson Equity, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorney’s fees and costs.
KlaymanToskes is currently representing an elderly investor in a FINRA arbitration case (Claim no. 23-02390) seeking $195,000 in compensation for unsuitable recommendations made by Emerson Equity and its registered representative broker Tony Barouti.
According to the claim, the customer sought conservative and low risk investments that would provide income and minimal risk to his principal. Instead, Emerson Equity advisor Tony Barouti recommended Alternative Investments in GWG L Bonds. Alternative Investments are illiquid and speculative in nature, meaning that they are not suitable for investors seeking low-risk, conservative investments.
In April 2022, GWG Holdings, Inc. filed for bankruptcy, suspending their monthly dividends and leaving investors without access to their principal. In August 2023, the GWG L Bonds were canceled, and investors were issued “Interests” in the Wind Down Trust. The value of the Interests and timeline for the bankruptcy’s resolution are still uncertain.
If your financial advisor recommended GWG L Bonds or any other Alternative Investment, KlaymanToskes strongly encourages you to contact our office for a free and confidential account review. Call our office today at (888) 997-9956 to speak with an attorney.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Tony Barouti. These signs could potentially indicate negligence, misconduct, 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 Tony Barouti, or have concerns regarding your investment portfolio at Emerson Equity, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.