Ameritas Investment Company, LLC Broker Gary Barth Investment Losses
Posted on Tuesday, May 5th, 2020 at 8:40 pm
Did you suffer REIT investment losses due to investments with Ameritas Investment Company, LLC broker Gary Barth (CRD# 2466996)? Barth has been registered with Ameritas Investment Company, LLC in Kearney, Nebraska since 1994.
Real estate investment trusts (REITs) are companies that own and/or operate income-producing commercial real estate, including office and apartment buildings, warehouses, shopping centers, hotels, hospitals, and timberlands.
Barth has been the subject of four customer complaints between 2003 and 2019, one of which was closed without action, one was withdrawn, and one was denied, according to his CRD report:
December 2019. “FINRA arbitration 19-03530 in which claimants allege misrepresentation in the sale of REITS.” The customer is seeking $600,000 in damages and the case is currently pending. The complaint was regarding real estate securities REITs.
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, Ameritas Investment Company, LLC may be liable for investment or other losses suffered by Barth’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.