Advisor Alert: Our Attorneys Are Investigating Barry Allen Schwartz For Investment Fraud
Did You Lose Money Because of Barry Schwartz?
Filed: January 30, 2024
Barry Schwartz currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) customer complaints and one (1) regulatory event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Barry Allen Schwartz.
Who Is Barry Allen Schwartz of UBS Financial Services Inc.?
- Advisor Name: Barry Allen Schwartz
- Aliases: Barry Allen Allen Schwartz
- CRD: 1022377
- Location: Miami, Florida
- Current Employer: UBS Financial Services Inc.
- Previous Firms: Alliancebernstein L.P., Sanford C. Bernstein & Co., LLC, and Nationwide Investment Services Corporation
- Number of Known Customer Complaints: 2
- Number of Regulatory Events: 1
- Can Barry Schwartz Be Sued: Yes, in Private Arbitration
- Can Barry Schwartz’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,000,000
- Highest Settlement: $14,000
If you have suffered investment losses by Barry Schwartz, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Barry Schwartz For Broker Misconduct
As of this publication date, Barry Schwartz has been the subject of 2 customer disputes and 1 regulatory event. Let’s review them below.
In December 2023, a complaint was filed against or in reference to Barry Schwartz by multiple customers of UBS Financial Services Inc. alleging unsuitability and overconcentration of certain investments, and that such investments resulted in principal losses. Claimants further allege misrepresentation with respect to the handling of Claimants’ investment accounts. Per the customers, they lost over $1,000,000 because of Mr. Schwartz’s actions. As of this publication date, this claim remains pending.
In July 2013, Florida initiated a regulatory action against or in reference to Barry Schwartz for alleged unregistered investment advisory business.
In May 1997, a NASD arbitration was filed against or in reference to Barry Schwartz by a customer of Investment Management & Research, Inc. alleging that Mr. Schwartz sold unsuitable investments. Per the customer, he/she lost over $14,000 because of Mr. Schwartz’s actions. On January 30, 1998, Mr. Schwartz settled the claim for $14,000.
How To File A Claim Against Barry Schwartz of UBS Financial Services Inc. (previously with Alliancebernstein L.P., Sanford C. Bernstein & Co., LLC, and Nationwide Investment Services Corporation) To Get Your Money Back
If you have questions about Barry Schwartz, UBS Financial Services Inc., Alliancebernstein L.P., Sanford C. Bernstein & Co., LLC, Nationwide Investment Services Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.