Barry Speyer is a California based securities broker. He has worked in the securities industry for forty-eight years. During his career, he has been registered with three different securities firms.
His registrations include; Bell Securities Corporation (1970-1971), Dean Witter & Co. (1971-1978), and Morgan Stanley (1978-Present).
Barry Speyer’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In June 1989, a customer alleged unsuitable trading against Speyer. This case was settled for $95,000 in damages.
In April 1991, a customer alleged unsuitable option trading. This case went to arbitration, where the customer was awarded $200,000 in damages.
In June 2003, a customer alleged unauthorized options trading. This case went to arbitration, where the customer was awarded $18,030 in damages.
In March 2009, a customer alleged that Speyer purchased unsuitable auction rate securities in 2008 on behalf of the customer. This case was settled for $250,000 in damages.
In August 2013, a customer alleged failure to follow instructions.
In January 2019, a customer alleged unsuitability concerning investments made by Speyer on their behalf. The alleged transgressions taking place between August 2014 and October 2018. This case is currently pending. The customer is seeking an undisclosed amount 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 Barry Speyer, please contact Oakes & Fosher for a free and private consultation.