February 2019- Garden City, NY –The FINRA records of Barry M. Kiront, a stockbroker who is currently employed by Craft Capital Management disclose a pending customer dispute and 13 prior customer disputes.
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.
In currently pending FINRA arbitration 18-2750, a customer of Woodstock Financial Group alleges fraud, excessive trading, churning, unauthorized trading, breach of fiduciary duty, deceptive practices and other wrongdoing. The customer is seeking damages of $699,000 plus commissions and interest charged to the account.
In March 2015, Kiront disclosed that a customer of his former employer Woodstock Financial Group brought a complaint alleging damages of $196,323 for churning , unsuitability and possibly fraud. That case was settled for $30,000.
In recently resolved FINRA Case 15-0458, a customer of Kiront while he was employed by Woodstock Financial Group alleges damages of $118,375 for churning, excessive commissions, unsuitable trading, violations of Mississippi securities laws and other claims. This case was resolved in July/2017 for $49,500.
Kiront has been registered with Craft Capital Management since 3/2015. He was registered with Woodstock Financial Group from 3/1998-3/2015.
If you have losses in an account in an account handled by Barry M. Kiront , contact us for a no charge consultation to discuss how you may be able to recover damages for those losses.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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