Advisor Alert: Our Attorneys Are Investigating Michael Barrows For Investment Fraud
Did You Lose Money Because of Michael Barrows?
Filed: March 4, 2024
Michael Barrows currently has four (4) pending judgment/lien events. Overall, he has been the subject of one (1) criminal event, three (3) customer complaints, and four (4) judgment/lien events. 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 Michael Barrows.
Who Is Michael Barrows of M Stevens Wealth Advisors, LLC and M Stevens Securities, LLC?
- Advisor Name: Michael Barrows
- Aliases: Michael Scott Barrows
- CRD: 2933260
- Location: Irvine, California
- Current Employer: M Stevens Wealth Advisors, LLC and M Stevens Securities, LLC
- Previous Firms: Kingswood Capital Partners, LLC, Accelerated Capital Group, and Chalice Wealth Advisors
- Number of Known Customer Complaints: 3
- Number of Known Criminal Events: 1
- Number of Known Judgment/Lien Events: 4
- Can Michael Barrows Be Sued: Yes, in Private Arbitration
- Can Michael Barrows’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $11,102.21
- Highest Settlement: $1,035,360.46
If you have suffered investment losses by Michael Barrows, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Michael Barrows For Broker Misconduct
As of this publication date, Michael Barrows has been the subject of 1 criminal event, 4 judgment/lien events, and 3 customer disputes. Let’s review them below.
In August 2022, a FINRA arbitration was filed against or in reference to Michael Barrows by a customer of Accelerated Capital Group alleging violations of federal securities laws; violations of California securities laws; violations of California Unfair, Unlawful, and Fraudulent Business Practices; breach of contract; common law fraud; breach of fiduciary duty; and negligence and gross negligence. An arbitration panel found that Michael Barrows was negligent and awarded $1,035,360.46 in favor of the customers.
In September 2017, Michael Barrows was the subject of a civil judgment or lien in the amount of $23,962.02. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In April 2017, Michael Barrows was the subject of a civil judgment or lien in the amount of $42,735. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In August 2016, a complaint was filed against or in reference to Michael Barrows by a customer of National Planning Corporation alleging unauthorized trading and unsuitability of BDC investment.
In April 2014, Michael Barrows was the subject of a civil judgment or lien in the amount of $39,702.48. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In January 2013, Michael Barrows was the subject of a civil judgment or lien in the amount of $48,287.29. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In December 2008, a complaint was filed against or in reference to Michael Barrows by a customer of National Planning Corporation alleging that variable annuity investment was unsuitable and disputes the surrender penalty associated with this investment. Per the customer, he/she lost over $11,102.21 because of Mr. Barrows’s actions.
In January 1981, felony charges were pressed against Mr. Barrows in Syracuse NY Sheriff. Mr. Barrows received a felony charge for Burglary 2nd degree.
How To File A Claim Against Michael Barrows M Stevens Wealth Advisors, LLC and M Stevens Securities, LLC (previously with Kingswood Capital Partners, LLC, Accelerated Capital Group, and Chalice Wealth Advisors) To Get Your Money Back
If you have questions about Michael Barrows, M Stevens Wealth Advisors, LLC, M Stevens Securities, LLC, Kingswood Capital Partners, LLC, Accelerated Capital Group, Chalice Wealth Advisors, 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.