Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 9, 2017 indicate that former Montana-based FSC Securities Corporation broker Barry Hartman has been sanctioned by FINRA and barred from acting as a broker or otherwise associating with firms that sell securities to the public. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hartman (CRD# 1361232).
Barry Hartman has spent 29 years in the securities industry and was most recently registered with FSC Securities in Missoula, Montana (2002-2015). Previous registrations include Raymond James Financial Services in St. Petersburg, Florida; Pruco Securities Corporation in Newark, New Jersey; and the Prudential Insurance Company of America in Newark, New Jersey. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received 13 customer complaints, 4 pending customer complaints and two regulatory sanctions.
In July 2017 a customer alleged Barry Hartman, while employed at FSC Securities, breached his fiduciary duty, acted negligently, breached contract, and violated state and federal securities laws. The customer is seeking more than $161,200 in damages in the pending complaint.
In January 2017 a customer alleged Barry Hartman, while employed at FSC Securities, made unsuitable recommendations and breached his fiduciary duty. The customer is seeking $184,750 in damages in the pending complaint.
In 2016 a customer alleged Barry Hartman, while employed at FSC Securities, misrepresented material facts, acted negligently, and committed fraud. The complaint settled for $70,000.
In 2015 FINRA sanctioned him following allegations that “while associated with his member firm, [he] served on the board of directors of an unaffiliated privately-held company without providing written notice to the firm in the form required by the firm” and “also participated in private securities transactions by personally investing approximately $450,000 in the undisclosed outside business activities and by recommending that some of the firm’s customers invest in the outside business and referring them directly to the outside business to complete their investments.” He was barred from acting as a broker or otherwise associating with firms that sell securities to the public.
In 2015 a customer alleged he, while employed at FSC Securities, breached his fiduciary duty, committed fraud, misrepresented material facts, and was negligent in his supervisory duties. The complaint settled for $57,500.
In 2015 a customer alleged he, while employed at FSC Securities, made unsuitable recommendations. The complaint settled for $135,000.
If you or someone you know has a complaint regarding Barry Hartman, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.