Former National Securities Corporation, Edison, NJ, Broker Joseph J. Labarca, Barred by FINRA

On February 16, 2016,
John Joseph Labarca (CRD #2030473, Spotswood, New Jersey)
was barred by FINRA for allegedly refusing to provide FINRA with requested information and documents in connection with FINRA’s investigation into allegations made against Labarca in a statement of claim a client had filed.
(FINRA Case 2015045012301)
According to FINRA’s BrokerCheck, Labarca has been in the securities industry for 24 years, and Labarca has had at least three customer complaints and one financial disclosure--bankruptcy filing.  Some of the customer complaints filed against Labarca allege unsuitable investments, unauthorized trading and breach of fiduciary duty.
FINRA has permanently barred Joseph J. Labarca from acting as a broker or otherwise associating with firms that sell securities to the public. Some of the firms he was registered with are listed below:
02/2010 - 02/2016  NATIONAL SECURITIES CORPORATION - EDISON, NJ
06/2006 - 02/2010  WELLS FARGO ADVISORS, LLC - NEW YORK, NY
04/2002 - 06/2006  RYAN BECK & CO. - NEW YORK, NY
07/1997 - 05/2002  GRUNTAL & CO., L.L.C. - NEW YORK, NY
If you've suffered losses due to the recommendations of broker Joseph J. Labarca, formerly with National Securities Corporation in Edison, NJ, call Soreide Law Group and speak to a lawyer specializing in securities regarding the possible recovery of your investment at:  888-760-6552.
Soreide Law Group represents our clients nationwide on contingency and advances all costs. We are committed to recovering our clients’ losses due to the negligence or fraud of their stock brokers or financial advisors.