Last Updated: April 2024 (Galveston, Texas)
Barbara Leonard Investigation Summary
Here’s what you need to know about Galveston, TX, stockbroker Barbara Leonard:
- Name: Barbara Elizabeth Leonard
- Current Employer: LPL FInancial
- Previous Firms: H.D. Vest Investment Services
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Barbara Leonard
- Primary Location: Galveston, TX
- CRD 4607044
- Can Barbara Leonard be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $125,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Barbara Leonard As Your Stockbroker?
In 2/2024 a customer alleged that Barbara Leonard made unsuitable recommendations to invest in direct investments and limited partnerships. Damages of $125,000 are sought in this pending matter.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
In 2021 a customer alleged that Barbara Leonard induced him to purchase a variable annuity that was not fully explained to him. Damages of $25,357 are sought in that pending case.
Allegations of Broker Misconduct Against Barbara Leonard
Customers of Barbara Leonard have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Failed to explain variable annuity
[LEARN MORE]:
See this for our prior investigations of cases involving Annuities
See this for more information on REITs and Other Alternative Investments
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Barbara Leonard, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
