Investors might have sustained losses due to securities broker Elizabeth Florence Ortiz (also known as Elizabeth Barber, Betsy Barber, and Betsy Ortiz) [CRD: 6818113, Austin, Texas], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ortiz has worked for Charles Schwab Co. Inc. from December 11, 2017, to the present. Read on to find out more about disclosures involving Ortiz.
Particularly, on September 11, 2025, a Charles Schwab Co. Inc. client filed Civil Action No. 3-25-cv-02436-B-BN about Elizabeth Ortiz. Mainly, the client alleged that Ortiz engaged in frontrunning the client’s account. Because of this, the client allegedly incurred damages on options. Consequently, the client requested compensation from Charles Schwab Co. Inc. or Ortiz. This civil suit is pending a resolution.
Frontrunning is an allegation that a securities broker or financial advisor traded securities for personal benefit before executing a client’s order. Regulators generally consider this conduct improper because the broker may use advanced knowledge of pending client trades to gain an unfair advantage in the market. Allegations of frontrunning can lead to client disputes, civil litigation, financial penalties, and possible sanctions imposed by securities regulators.
Did you experience losses because of Elizabeth Ortiz? Get in touch with Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for individuals throughout the country. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Ortiz and brokerage firms Ortiz worked for deny allegations of sales practice violations.
Steven Graham (CRD 1977736) denies the allegations in a pending customer claim filed on August 11, 2026. The disclosure names Western International Securities as the firm, and the claim involves corporate bonds. No arbitrator has ruled on it. His BrokerCheck report also lists a settled bond dispute and a federal court matter from earlier years.
A claim filed on September 11, 2024 names Thomas Hamlin (CRD 2208505) over a 10% Senior Unsecured Note in iCap Fund III. Every disclosure on his BrokerCheck report involves an iCap private placement and names Somerset Securities as the firm. Each one settled, and a settlement is not an admission of wrongdoing.
Peter Po's most recent settlement came on June 28, 2026, when a corporate bond claim settled for $40,000. Po (CRD 3106974) appears in several settled customer disputes over corporate and high-yield bonds. The disclosures name NI Advisors or California Securities as the firm, and each matter ended in a settlement, not a finding.
Phone:
Fax: 1-954-760-6553
Email: [email protected]