Barclays Capital, Inc., censured and fined $500,000 by FINRA for failing to disclose information regarding investment banking services

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Furgison Law Group investigates claims against Barclays Capital Inc.

Barclays Capital, Inc., under investigation for failure to disclose investment banking information

The securities fraud lawyers at Furgison Law Group are currently investigating claims against Barclays Capital Inc. The arbitration specialists at Furgison Law Group are investigating claims involving allegations of breach of fiduciary duty, failure to supervise, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct.

FINRA fines and sanctions 

FINRA censured and fined Barclays Capital Inc. (CRD #19714, New York, New York) $500,000. Barclays consented to the sanctions and to the entry of findings that it failed to accurately disclose the percentage of covered companies for which it had provided investment banking services in the distribution of ratings sections of equity research reports. The findings stated that the firm failed to disclose in research reports that it was a market maker in the securities of the covered company at the time the research report was published. The findings also stated that the firm failed to adopt and implement adequate WSPs, in that it failed to require monitoring of the accuracy of the information captured in its disclosure database, failed to incorporate the use of exception reports to detect potential disclosure issues, and relied on manual reviews of research reports that were inadequate to detect disclosure issues. (FINRA Case #2014041656301)

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages. 

Can I recover my investment losses?

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Barclays Capital Inc., please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.