Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 7, 2018 indicate that former Colorado-based Wells Fargo Advisors broker/adviser Barbara Endres has received several regulatory sanctions. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms. Endres (CRD# 1688767).
Barbara Endres has spent 25 years in the securities industry and was most recently registered with Wells Fargo Advisors in Grand Junction, Colorado (2009-2014). Previous registrations include Merrill Lynch in Grand Junction, Colorado (2003-2009); J. Scott Securities Corporation in Golden, Colorado (2000-2003); Bisys Fund Services Limited Partnership in Portland, Maine (1997-1998); Charles Schwab & Company in San Francisco, California (1995-1997); FBS Investment Services in Saint Paul, Minnesota (1995); American Investment Services in Oklahoma City, Oklahoma (1992-1995); Painewebber in Weehawken, New Jersey (1990-1992); and Merrill Lynch in New York, New York (1987-1990). She has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which she obtained on September 6, 2000; Series 63 (Uniform Securities Agent State Law Examination), which she obtained on July 16, 1987; and Series 7 (General Securities Representative Examination), which she obtained on June 20, 1987. She is currently not registered with any state or firm.
According to her BrokerCheck report, Barbara Endres has received three sanctions by state regulatory authorities.
In January 2017 the California Department of Business Oversight sanctioned Barbara Endres after she was previously barred in Colorado, “for trading client accounts without permission using risky unsuitable stock trading strategy causing large losses,” and following allegations of “similar occurrences” reported by California customers. She was consequently barred in California.
In November 2017 the State of Massachusetts sanctioned Barbara Endres in connection to other action/s against her. She was barred, censured and issued a fine of $5,000.
In October 2017 the State of Massachusetts sanctioned her following allegations she had entered into a consent order with the Colorado Securities Division which revoked her registration as an investment adviser in that state. She was issued a permanent bar and a fine of $5,000.
In October 2017 the State of Colorado sanctioned her following allegations she made unsuitable investment recommendations, placed trades in non-discretionary accounts without authorization, kept fees that should have been reimbursed, and committed fraud by making false or misleading statements to customers. She was barred from making recommendations or otherwise rendering advice to clients “regarding securities” and from managing securities accounts or portfolios for customers.
If you have lost money investing with Barbara Endres, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.