Erez Law is currently investigating Janney Montgomery Scott LLC financial advisor Barbara Kenerson (CRD# 1060984) regarding unsuitable investment recommendations and excessive trading. Kenerson has been registered with Janney Montgomery Scott LLC in Providence, Rhode Island from 1999 to 2018.
Kenerson has been the subject of three customer complaints between 2001 and 2019, one of which was denied, according to her CRD report. The most recent complaint is regarding:
January 2019. “Client through her attorney alleges that the Financial Advisor purchased unsuitable investments and excessively traded the client’s account.” The customer is seeking $500,000 in damages and the case is currently pending. This case is regarding equity OTC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Janney Montgomery Scott LLC may be liable for investment or other losses suffered by Kenerson’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.