Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 23, 2017 indicate that former California-based Alamo Capital broker/adviser Barney Barnato was recently discharged from his former employer and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Barnato (CRD# 1440559).
Barney Barnato has spent 30 years in the securities industry and was most recently registered with Alamo Capital in Walnut Creek, California (2009-2017). Previous registrations include Torrey Pines Securities in San Diego, California (2006-2008); Brookstreet Securities Corporation in Greenbrae, California (2005-2006); UBS Financial Services in Weehawken, New Jersey (1996-2005); Pacific Genesis Group in Alameda, California (1995-1996); and First California Capital Markets Group. He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), Series 63 (Uniform Securities Agent State Law Examination), and Series 7 (General Securities Representative Examination). He is currently not registered with any state or firm.
According to his BrokerCheck report, Barney Barnato has received one customer complaint and was discharged from a former employer in connection to alleged rule violations.
In April 2017 he was terminated from his position at Alamo Capital following allegations he “refused to provide proof on cellphone that client had called him prior to placing a trade, as he claimed, to prove he had not exercised discretion on a trade made on.”
In 2016 a customer alleged Barney Barnato, while employed at Alamo Capital, recommended unsuitable investments and made unauthorized transactions. The complaint settled in January 2017 for $6,000.
If you or someone you know has lost money investing with Barney Barnato, 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.