Public records published by the Financial Industry Regulatory Authority (FINRA) on January 18, 2017 indicate that California-based Kovack Securities broker/adviser Barbara Ralston has been the subject of several customer complaints. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms. Ralston (CRD# 1087950).
Barbara Ralston has spent 29 years in the securities industry and has been registered with Kovack Securities in Santa Barbara, California since November 2016. She has also been registered with TKG Financial in Santa Barbara, California since 2005. Previous registrations include First Wall Street in La Jolla, California; Painewebber in Weehawken, New Jersey; and Prudential Securities in New York, New York. She is a registered broker and investment adviser in California.
According to her BrokerCheck report, Barbara Ralston has received seven customer complaints.
In 2003 a customer alleged Barbara Ralston, while employed at First Wall Street, failed to supervise. The complaint settled for $285,000.
In 2003 a customer alleged Barbara Ralston, while employed at First Wall Street, failed to supervise in connection to the private sale of Telergy restricted stock. The complaint settled for $150,000.
In 2003 a customer alleged she, while employed at First Wall Street, failed to supervise, breached her fiduciary duty, breached contract, participated in “conspiracy.” The complaint settled for $350,000.
In 2002 a customer alleged she, while employed at First Wall Street, breached her fiduciary duty, failed to supervise, negligently inflicted emotional distress, and breached contract. The complaint settled in 2003 for $190,000.
If you or someone you know has lost money investing with Barbara Ralston, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. 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.