DID TONY BAROUTI CAUSE YOU INVESTMENT LOSSES?
Tony Barouti Of Emerson Equity LLC Has 46 Customer Complaints For Alleged Broker Misconduct
About Tony Barouti of Emerson Equity LLC?
Tony Barouti (CRD #3031995) is currently employed by and registered with Emerson Equity LLC in Los Angeles, California, since June 13, 2017. He has a substantial background in the financial industry, reflected by his association with several other firms before his current position, including First Heartland Capital, Inc., LPL Financial LLC, and Newport Coast Securities, Inc. His career timeline also includes registrations in multiple U.S. states and territories, notably California, Arizona, Georgia, and Kansas. Barouti has passed one principal/supervisory exam, three general industry/product exams, and one multi-state securities law exam, equipping him with a diverse range of qualifications pertinent to his roles in the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Tony Barouti Customer Complaints and Reviews
Tony Barouti’s FINRA report contains a significant number of customer disputes, marking a notable aspect of his professional record:
- Total Disclosures: 46 customer disputes.
- Settled Disputes: A notable example includes a settlement where the client alleged unsuitable investment recommendations involving debt-corporate securities, which was settled for $44,237.92 on March 11, 2024.
- Pending Disputes: As of the most recent updates, several disputes remain pending, often related to allegations of misrepresentation and unsuitable investment advice, highlighting ongoing legal challenges.
- Other Resolutions: Other disputes have been resolved through settlements with various amounts paid to claimants, reflecting the seriousness of the allegations in terms of financial implications and the broker’s compliance with settlement agreements.
Allegations Against Tony Barouti
The allegations against Tony Barouti primarily involve issues related to the suitability of investments and professional conduct:
- Unsuitable Investments: Clients have repeatedly alleged that Barouti recommended investments that were not aligned with their financial goals or risk tolerances.
- Misrepresentation and Breach of Fiduciary Duty: Several claims involve accusations of misrepresenting investment products and failing to uphold the fiduciary duty expected of a financial advisor.
- Breach of Contract and Negligence: Claims also include breaches of contract and negligence in managing client portfolios, emphasizing a pattern of alleged oversight failures.
Tony Barouti Red Flags & Your Rights As An Investor
Of course, Tony Barouti 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 Tony Barouti at Emerson Equity LLC on alert to review carefully the activity and performance of their accounts and question whether Tony Barouti has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Emerson Equity LLC 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 Emerson Equity LLC Due To Tony Barouti
If you have questions about Emerson Equity LLC and/or Tony Barouti 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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