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Gary Barth, of Ameritas Investment, Involved in $600,000 Dispute Over Real Estate Investment Trusts (REITs)

Gary Barth (CRD#: 2466996), a registered representative with Ameritas Investment Corp. (CRD#: 14869) in Kearney, Nebraska, is currently involved in a pending customer dispute in which clients are seeking $600,000 in damages, according to his BrokerCheck record accessed on January 16, 2020. The clients allege that Gary Barth misrepresented the nature of investments when selling Real Estate Investment Trusts (REITs).

Gary Barth

Real Estate Investment Trusts (REITs) allow investors to buy shares in commercial real estate portfolios. These portfolios contain holdings of various properties, such as hospitals, hotels, office buildings, and warehouses. Non-traded REITs are not publicly traded. As such, these illiquid investments are unsuitable for investors who need easy access to the cash value of their investments. Many investors find REITs appealing because they could potentially pay out steady dividends while diversifying one’s portfolio. Non-traded REITs, however, are high-risk, illiquid investments that are not suitable for all investors.

Over his 25-year career, Gary Barth has stayed at one firm, Ameritas Investment Corp. (CRD#: 14869), working out of offices in Kearney, Nebraska, Hastings, Nebraska, and Grand Island, Nebraska. He has passed the Series 63 – Uniform Securities Agent State Law Examination, SIE – Securities Industry Essentials Examination, Series 7 – General Securities Representative Examination, and the Series 6 – Investment Company Products/Variable Contracts Representative Examination. He holds securities licenses in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Ohio, Oregon, South Dakota, Texas, Washington, and Wyoming.

If Gary Barth was your broker and you have concerns about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email info@fkesq.com for your free case consultation.

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