Robert Burns (CRD: 1286211) faces a pending customer claim that alleges excessive trading and $200,000 in damages, according to BrokerCheck. The claim names Burns Financial Advisors, his outside RIA.
Yvette Barrera (Yvette Villanueva Barrera) is currently registered as an investment advisor with Foundations Investment Advisors LLC of New Braunfels, Texas, since 1/14/2025. Yvette Barrera was previously registered with Texas Financial Advisory of San Antonio, Texas, from 10/23/2020 - 12/22/2024.
According to the SEC’s website, Yvette Barrera, has been in the securities industry for four years, was listed with two firms, and she has one pending disclosure on her report. The disclosure is a “Customer Dispute” dated 4/16/2024. The allegations are, “The lawsuit alleges that Ms. Barrera recommended unregistered securities and did not disclose commissions, nor determine whether the investments were in the best interests of clients. She has been named as a defendant due to her prior association with Brooklyn Chandler Willy and Queen B Advisors, LLC d/b/a Texas Financial Advisory; however, Ms. Barrera denies all allegations made against her by the plaintiff and intends to seek dismissal from the case.” The damage amount requested is $21,349,713.44.
FINRA reminds members of their obligations when selling private placements (i.e., unregistered offerings sold pursuant to the Regulation D safe harbors under Sections 3 and 4 of the Securities Act of 1933). In Regulatory Notice 10-22 (Obligation of Broker-Dealers to Conduct Reasonable Investigations in Regulation D Offerings), FINRA reminded members of their obligations to conduct reasonable investigations of the issuers and the securities they recommend in private offerings made under Regulation D.
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Robert Burns (CRD: 1286211) faces a pending customer claim that alleges excessive trading and $200,000 in damages, according to BrokerCheck. The claim names Burns Financial Advisors, his outside RIA.
Gabriel Swan (CRD: 5821532) faces a pending customer claim that alleges $180,000 in damages, according to BrokerCheck. In it, the customer alleges Swan failed to stop him from withdrawing funds, and Swan denies any wrongdoing.
A pending customer claim on the BrokerCheck report of John Ravsten (CRD: 5634077) alleges $118,000 in damages. The claimant alleges misrepresentation and says the investment did not suit the claimant's situation.
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