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New Jersey Broker, John LaBarca: Complaints

The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding New Jersey-based National Securities broker John LaBarca (CRD# 2030473).

John LaBarca has spent 23 years in the securities industry and has been registered with National Securities in Edison, New Jersey since 2010. Previous registrations include Wells Fargo Advisors in New York, New York (2006-2010); Ryan Beck & Company in New York, New York (2002-2006); Gruntal & Company in New York, New York (1997-2002); and Oppenheimer & Company in New York, New York (1991-1997). Mr. LaBarca is registered in fourteen US states.

According to his BrokerCheck report, John LaBarca is the subject of two customer complaints, one pending customer complaint, and has filed for bankruptcy.

In 2015 a customer alleged John LaBarca, while employed at National Securities, acted negligently, executed unauthorized trades, and breached his fiduciary duty. The customer is seeking $800,000 in damages in the pending complaint.

In 2014 a customeshutterstock_112959457r alleged John LaBarca, while employed at National Securities, recommended an unsuitable investment. The complaint settled for $28,750.

In 2012 John LaBarca filed for Chapter 7 bankruptcy in the United States District Court for the District of New Jersey. The filing was discharged in 2013.

In 2006 a customer alleged John LaBarca, while employed at Ryan Beck & Company, executed unauthorized trades. The complaint settled in 2007 for $50,000.

If you have lost money investing with John LaBarca or National Securities Corporation, you may be eligible to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you collect money. The law establishes a limited window to file claims, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.