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Gregory Kern Received Six Customer Complaints and One Pending

Gregory KernPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on November 22, 2016 indicate that California-based Raymond James & Associates broker/adviser Gregory Kern has been the subject of customer disputes. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kern (CRD# 2116437).

Gregory Kern has spent 25 years in the securities industry and has been registered with Raymond James & Associates in San Francisco, California since September 2016. Previous registrations include Deutsche Bank Securities in San Francisco, California; Banc of America Investment Services in San Francisco, California; Banc of America Securities in New York, New York; Ryan Beck & Company in Florham Park, New Jersey; Gruntal & Company in New York, New York; Rodman & Renshaw in Chicago, Illinois; Painewebber in Weehawken, New Jersey; and Prudential Securities in New York, New York. He is a registered broker and investment adviser with 28 US states and territories.

According to his BrokerCheck report, Gregory Kern has received six customer complaints and one pending customer complaint.

In 2011 a customer alleged Gregory Kern, while employed at Banc of America Investment Services, misrepresented and omitted material facts related to an unsuitable real estate investment trust. The customer is seeking $500,000 in damages in the pending complaint.

In 2009 a customer alleged Gregory Kern, while employed at Banc of America Investment Services, misrepresented material facts related to an investment. The complaint reached a settlement, to which Mr. Kern was not a party, constituting the firm’s repurchase of the products at par value of $300,000.

In 2009 a customer alleged Gregory Kern, while employed at Banc of America Investment Services, misrepresented material facts related to an investment in auction rate securities. The complaint reached a settlement, to which Mr. Kern was not a party, constituting the firm’s repurchase of the products at par value of $1,700,000.

In 2009 a customer alleged he, while employed at Banc of America Investment Services, made unsuitable investment recommendations. The complaint reached a settlement, to which Mr. Kern was not a party, constituting the firm’s repurchase of the products at par value of $5,700,000.

In 2009 a customer alleged he, while employed at Banc of America Investment Services, recommended unsuitable auction rate securities. The complaint reached a settlement, to which Mr. Kern was not a party, constituting the firm’s repurchase of the products at par value of $23,050,000.

If you have suffered losses while investing with Gregory Kern, also known as Dean Barber, you may be entitled to recover lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency base: we only get paid if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.