DID OMAR HAZEM BARAKAT CAUSE YOU INVESTMENT LOSSES?
About Omar Barakat formerly with Charles Schwab & Co., Inc.?
Omar Barakat (CRD #6638876) was most recently employed with Charles Schwab & Co., Inc. from July 2019 to March 2022 in Alexandria, Virginia, after previously working with Merrill Lynch, Pierce, Fenner & Smith Incorporated from July 2016 to March 2019. He has passed two general industry/product exams: the Securities Industry Essentials Examination and the General Securities Representative Examination. Additionally, he passed the Uniform Combined State Law Examination on November 5, 2016. He is currently not registered with any firm but has been working with Legacy Associates Inc. and Legacy Wealth Management Inc. as an insurance agent and investment adviser representative since August 2023.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Omar Barakat Customer Complaints and Reviews
Omar Barakat has one customer dispute in his record, which is currently pending:
- Customer Dispute Served: August 15, 2024
- Complaint: The client alleges that starting in August 2019, Omar Barakat improperly solicited and traded in their account, charging management fees for equity listed securities.
- Status: The arbitration is still pending under FINRA #24-01751.
Allegations Against Omar Barakat
- Omar Barakat is currently involved in a pending customer arbitration filed with FINRA in Washington, D.C. The client has accused him of improperly soliciting and trading in their account and charging management fees. The case is ongoing, with claimed damages of $92,485.
Omar Barakat Red Flags & Your Rights As An Investor
Of course, Omar Barakat did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Omar Barakat at Charles Schwab & Co., Inc.on alert to review carefully the activity and performance of their accounts and question whether Omar Barakathas engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Charles Schwab & Co., Inc.also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Charles Schwab & Co., Inc. Due To Omar Barakat
If you have questions about Charles Schwab & Co., Inc. and/or Omar Barakat and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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