The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Barry Hartwyk. According to his publicly available FINRA BrokerCheck report, Barry Hartwyk has been the subject of multiple customer disputes.

Barry Hartwyk was a California based securities broker. He worked in the securities industry for thirty-two years. During his career, he was registered with five different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

  • Merrill Lynch (1986-1992)
  • Lehman Brothers (1989-1990)
  • Donaldson, Lufkin & Jenrette Securities Corporation (1992-2003)
  • Credit Suisse First Boston (2003)
  • RBC Capital Markets (2003-2018)

The Allegations 

  • In March 1998, a customer alleged that Barry Hartwyk over-concentrated his portfolio in shares of a certain security, which allegedly resulted in poor performance. This case was settled for $53,000 in damages.
  • In May 2004, Barry Hartwyk became the subject of two customer complaints with identical allegations. The customers in these cases alleged that Hartwyk made material misrepresentations omissions of fact, recommended unsuitable investments, churned their accounts, over-concentrated their accounts, breached his fiduciary duty, breached contract, and managed their accounts negligently.  The first complaint was settled for $315,000 in damages. The second complaint was settled for $49,000 in damages.
  • In October 2018, Barry Hartwyk was discharged from his position at RBC Capital Markets. This termination followed allegations related to time and price discretion, front running, and order execution.

Oakes & Fosher Can Help

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to 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 Hartwyk, please contact Oakes & Fosher for a free and private consultation. We work on a contingency basis, which means there are no fees charged unless we collect for you.