May 2017-Great Falls, VA
The FINRA records of Frederick P. Baerenz, a stockbroker who is currently registered with Kalos Capital disclose that a FINRA arbitration panel awarded damages to a customer Baerenz recently.
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 FINRA arbitration 15-0443, a customer of Kalos Capital and Pacific West Securities alleged damages of over $1 million for unsuitable trading and negligence in connection with an investment in equipment leasing, oil & gas and real estate investments. The three member arbitration panel awarded $331,000 to Baerenz’s former customer. Bond, et al v Baerenz.
Frederick P. Baerenz has been employed by Kalos Capital since 5/2013. He was employed by Cetera Advisors from 12/2011-5/2013 and Pacific West Securities 9/2004-12/2011.
If you have questions about an account handled by Frederick P. Baerenz , contact us to discuss your options.
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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