Charles Baker Gets Sanctioned

Soreide Law Group is investigating possible investor claims against securities broker Charles Baker AKA Charles Ronald Baker AKA Ron Baker [CRD#: 10600, Lubbock, TX]. Evidently, FINRA sanctioned the securities broker, who worked for Richfield Orion International. Allegedly, Baker failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules. Here is a brief summary FINRA’s allegations against Baker.

Richfield Orion International Securities Broker Charles Baker Sanctioned By FINRA For Failure To Testify

Evidently, on June 15, 2022, FINRA issued Case #: 2019062948101 sanctioning Charles Baker for infractions. Specifically, FINRA barred the securities broker. Notably, FINRA alleged that Baker failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules.

Supposedly, Baker was sent a request by FINRA on June 1, 2022, for on-the-record testimony in connection with an investigation into whether Baker was involved in possible unsuitable and discretionary trading in client accounts during the time that he was associated with Richfield Orion International Inc. On June 2, 2022, Baker emailed FINRA, where he indicated that he had received the request but would not appear for on-the-record testimony at any time. As a result, Baker violated FINRA Rules 2010 and 8210.

Williams Financial Group Investor Accuses Baker Of Sales Practice Violations

Also, on August 20, 2003, a Williams Financial Group client filed a complaint about Charles Baker. Namely, the client alleged that Baker committed sales practice violations. Because of this, the client sustained damages on over-the-counter equities. Therefore, the client requested $200,000 in compensation from Williams Financial Group or Baker. Evidently, this complaint is pending a resolution.

Charles Baker Discloses Unauthorized Transactions Allegations By Dean Witter Reynolds Client

Evidently, a client of Dean Witter Reynolds contested Charles Baker’s sales practices, according to a complaint. Allegedly, Baker made unauthorized transactions and unsuitable recommendations. Supposedly, the investments which Baker sold or recommended had caused the client to sustain damages. Therefore, Dean Witter Reynolds opted to settle the matter on September 2, 1993 by compensating the client in the amount of $425,000.

Dean Witter Reynolds Investor Accuses Baker Of Failure To Supervise

Also, a Dean Witter Reynolds client filed a complaint about Charles Baker. Namely, the client alleged that Baker failed to supervise. Because of this, the client sustained damages on mutual funds. Therefore, on October 11, 1990, Dean Witter Reynolds settled this matter with the client.

Recent Employer Information

Charles Baker worked for Richfield Orion International in Lubbock, TX, as a securities broker from May 13, 2013 to June 15, 2022.

Damages Resulting From Richfield Orion International Securities Broker Charles Baker?

Have you sustained damages because of securities broker Charles Baker? If so, get in touch with Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about potentially recovering your investment losses. Soreide Law Group, who has successfully recovered money for investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Baker and brokerage firms Baker was employed by deny any and all allegations of sales practice violations.