Barrett Schultz is a Texas-based securities broker. He has worked in the securities industry for twenty-one years. During his career, he has been registered with three different securities firms.
His registrations include; USAA Investment Management Company (1996-2004), ILG Securities Corporation (2005-2018), and McNally Financial Services Corporation (2012-Present).
Barrett Schultz’ publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In December 2017, a customer alleged negligence, gross negligence, breach of contract, fraud, fraudulent misrepresentation, negligent misrepresentation, breach of fiduciary duty, negligent hiring, negligent supervision, aiding and abetting fraud, and aiding and abetting breach of fiduciary duty. This case was settled for $520,000 in damages.
In July 2018, customers alleged failure to disclose extent of risk, unauthorized trading, recommendation unsuitable investments, breach of fiduciary duty, failure to supervise, churning, breach of contract, and elder abuse. This case is currently pending. The customer is seeking $491,861.68 in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Barrett Schultz, please contact Oakes & Fosher for a free and private consultation.