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Gregory Barr of Raymond James Has Unsuitability Complaints

Gregory BarrPublic records published by the Financial Industry Regulatory Authority (FINRA) on June 2, 2016 indicate that Florida-based Raymond James & Associates broker/adviser Gregory Barr has received numerous customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Barr (CRD# 1312703).

Gregory Barr has spent 31 years in the securities industry and has been registered with Raymond James & Associates in Boca Raton, Florida since 2014. Previous registrations include Deutsche Bank Securities in Palm Beach, Florida; Morgan Stanley Smith Barney in Boca Raton, Florida; Citigroup Global Markets in Boca Raton, Florida; Drexel Burnham Lambert; and Smith Barney Harris Upham. He is a registered broker and investment adviser with 25 US states and territories.

According to his BrokerCheck report, Gregory Barr has received four customer complaints.

In 2009, a customer alleged Gregory Barr, while employed at Citigroup Global Markets, failed to follow instructions, liquidated shares without instruction, and maintained an unsuitable asset allocation that was over-concentrated in preferred stock. The complaint settled in 2010 for $14,999.

In 2009, a customer alleged Gregory Barr, while employed at Citi Smith Barney, acted negligently, breached his fiduciary duty, made unsuitable investment recommendations, and breached contract. The complaint settled in 2010 for $24,000.

In 2008, a customer alleged Gregory Barr, while employed at Citigroup Global Markets, failed to recommend suitable investments. The complaint settled in 2010 for $10,500.

In 2002, a customer alleged Gregory Barr, while employed at Salomon Smith Barney, engaged in unsuitable and unauthorized trading. The complaint settled for $17,500, to which Mr. Barr individually contributed $4,375.

If you have complaints regarding Gregory Barr, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.