Kenneth Barroga | Crown Capital Securities

According to FINRA’s BrokerCheck, Kenneth Barroga has been the subject of 4 disclosures. The three most recent ones are as follows:

• November, 2018 – Customer Dispute. Status: Award/Judgment (Damaged granted: $160,097.59). Allegations: “Mr. Barroga was negligent and misrepresented the illiquidity of the REITs he recommended to the clients and that the investment was unsuitable considering the age of the clients.”
• June, 2004 – Customer Dispute. Settled for $16,000. Allegations: “Client alleges the bonds purchased […] did not yield the return represented to him nor the duration.”
• December, 2012 – Customer Dispute. Settled for $115,000. Allegations: Misrepresentation.

Prior to Crown Capital Securities, Kenneth Barroga was registered with LPL Financial, Chase Investment Services, Wamu Investments, Wells Fargo Investments, Wells Fargo Securities, and Marketing One Securities.

If you invested with Kenneth Barroga of Crown Capital Securities, contact Peiffer Wolf and Meyer Wilson immediately for a FREE Consultation

To review Kenneth Barroga’s BrokerCheck report, click here:

https://brokercheck.finra.org/individual/summary/2288752

*BrokerCheck is run by the Financial Industry Regulatory Authority, Inc. (FINRA)

Kenneth Barroga and the GPB Lawsuit

Multiple lawsuits have been filed and multiple regulatory matters have been initiated, alleging that GPB Capital Holdings has been engaged in wrongdoing.  A former GPB Holdings partner alleged that “GPB paid its investors significant returns based upon falsified financial information”.

Our investigation into the various GPB private placement funds includes, but is not limited to: GPB Automotive Portfolio LP, GPB Cold Storage LP, GPB Eurobond Finance PLC, GPB Holdings II LP, GPB Holdings III LP, GPB Holdings Qualified LP, GPB Holdings LP, GPB NYC Development LP, GPB Scientific LLC, GPB Waste Management LP, GPB Waste Management Fund LP, and many more.

Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

Based on our experience, we believe that there are more investors who have been the victims Kenneth Barroga’s alleged broker misconduct and investment fraud. If you invested with Kenneth Barroga of Crown Capital Securities, you should  contact Peiffer Wolf and Meyer Wilson immediately for a FREE Consultation.

Learn more about the GPB Investor Lawsuit here: https://gpblawyer.com/gpb-investor-lawsuit/

Peiffer Wolf and Meyer Wilson are currently investigating Kenneth Barroga’s practices, as well as the products he recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation. 888-390-6491.