Investors might have sustained losses due to securities broker Michael Owen Barry [CRD: 2690041, New Orleans, Louisiana], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Barry has been registered with Stifel Nicolaus Company in New Orleans, Louisiana, since July 7, 2015, as both a broker and financial advisor. Investors are encouraged to continue reading to learn more about disclosures involving Michael Barry and the allegations raised in client disputes.
Particularly, on April 24, 2026, a Stifel Nicolaus client filed FINRA Arbitration No. 26-00931 about Michael Barry. Mainly, the client alleged that Barry violated FINRA rules, violated Regulation Best Interest, was negligent, made omissions and misrepresentations concerning risks, breached his fiduciary duty, and violated New York General Business Law. For this reason, the client allegedly experienced damages on mutual funds. As a result, the client requested $100,000 in compensation from Stifel Nicolaus or Barry. BrokerCheck shows that this arbitration is ongoing.
Also, a client of Stifel Nicolaus contested Michael Barry’s sales practices by filing FINRA Arbitration No. 20-2970. Allegedly, Barry breached his fiduciary duty, was negligent, made misrepresentations, made omissions, and violated Louisiana securities laws. It appears that Barry allegedly caused the client to incur damages linked to oil and gas investments, stocks, and direct investments. Consequently, Stifel Nicolaus agreed to settle the matter on January 26, 2022, by compensating the client in the amount of $15,000.
Do you need guidance on any investment losses relating to Michael Barry? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Barry and brokerage firms Barry worked for deny accusations 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.
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