Were you the victim of Glendale Securities, Inc. broker Richard Barber (CRD# 1298800)? He has been registered with Techspeed Clearing LLC in Addison, Texas, since 2025, and Glendale Securities, Inc. in Sherman Oaks, California, since 2024. He was registered with Wilson-Davis & Co., Inc. in Salt Lake City, Utah, from 2022 to 2024.
Richard Barber Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
September 2025. “This Complaint details Defendants’ long-running, ongoing, securities fraud scheme that has defrauded investors of at least $40 million. From 2015-2023, Defendants sold shares in numerous corporate entities by falsely claiming that these entities had developed industry-disrupting technologies.” The customer is seeking $40,000,000 in damages, and the case is currently pending. The complaint was regarding private company equity, and it took place while he was registered with Glendale Securities, Inc.
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, Glendale Securities, Inc. may be liable for investment or other losses suffered by Richard Barber’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you 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.
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