Who is Kenneth Barroga? | GPB Capital Lawsuit

Kenneth James Barroga has been a registered broker with Crown Capital Securities since 2011. According to FINRA’s Broker Check, he has been the subject of 4 disclosures.

 

Peiffer Wolf and Meyer Wilson are currently investigating claims against Kenneth Barroga of Crown Capital Securities for his recommendation of GPB Capital Holdings funds and potentially other alternative investments.

 

Kenneth Barroga is a registered broker with Crown Capital Securities, in Watsonville, CA. If you were a client of Kenneth Barroga, Contact Us Today by calling 888-390-6491 or by filling out an online contact form for a FREE Consultation.

Dan Dillard

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 Consultation888-390-6491.

Get a FREE case Evaluation.

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Brokercheck®️ report: Kenneth Barroga

BROKERCHECK
Information about this broker was obtained from FINRA’s BrokerCheck on March 23, 2020. You should always review the BrokerCheck report directly for the most updated information. If you believe that information on this page is incorrect, please contact us.

GPB Lawsuit | FREE Consultation | 888-390-6491

 

Peiffer Wolf and Meyer Wilson are currently investigating claims for anyone who has invested in any GPB Capital fund. If you or someone you know invested in any GPB Capital fund, Contact Us Today by calling 888-390-6491 or by filling out an online Contact Form for a FREE Consultation.

If you invested in any GPB Capital Fund, Contact us Today for a FREE Case Evaluation.