David Lloyd Barber (David Barber) has consented to a sanction from FINRA (the Financial Industry Regulatory Authority). FINRA is a non-governmental regulator of securities firms that focuses on investor protection and market integrity through effective and efficient regulation of the securities industry. The attorneys of Fishman Haygood Investment Fraud Lawyers are currently investigating claims filed against stockbroker David Barber.
In March 2018 David Barber was barred permanently from practicing as a broker. David Barber worked for Madison Avenue Securities in San Diego, California from March 2015 to January 2018.
David Barber was previously associated with First Midwest Securities and Raymond James.
FINRA alleges that David Barber engaged in the following misconduct: failed to respond to a FINRA investigation into allegations that he engaged in authorized trading in his Madison Avenue customers’ accounts.
Barber previously consented to FINRA fine of $25,000 and 4-month suspension in February 2013. In January 2018, a former customer of Barber obtained a favorable FINRA arbitration award against Barber and Madison Avenue Securities, which included over $800,000 in compensatory damages, over $800,000 in punitive damages, and over $450,000 in attorney’s fees and costs. The arbitration claims related to sales of Chesapeake Energy, Westport Innovations, Pacific Drilling SA Luxembourg, BP Capital Twinline Energy Fund, Twitter, GoPro, and other investments.
David Barber has been the subject of at least 3 customer disputes.
If you invested money through David Lloyd Barber, we would like to talk to you. Fishman Haygood Investment Fraud Lawyers are experienced securities litigators. We have helped hundreds of clients recover their losses that were due to broker fraud or negligence. Contact us today to discuss your options and receive a free consultation.
Fishman Haygood Investment Fraud Lawyers represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.
Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood Investment Fraud lawyer today.