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.
To discuss this article or any other securities issues, please contact Soreide Law Group and speak to an experienced securities lawyer at no cost: 888-760-6552.
Soreide Law Group represents clients nationwide before FINRA on a contingency fee basis, no fee if no recovery.
Soreide Law Group is investigating potential investor claims involving RAD Diversified REIT Inc., specifically focusing on whether brokers or financial advisors improperly recommended this non-traded real estate investment trust despite mounting red flags. RAD Diversified REIT raised investor funds to acquire and manage real estate assets nationwide, positioning itself as an accessible way for individuals […]
Investors apparently complained about securities broker Richard James Carlesco Jr. [CRD: 2135988, Liverpool, New York], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carlesco worked for IBN Financial Services Inc. from October 24, 2000, to the present, and later registered with Cambridge Investment Research Inc. and Cambridge Investment Research Advisors Inc. beginning April […]
Investors potentially experienced sales practice violations by securities broker Steven Wallace Schmitt [CRD: 4486457, Paramus, New Jersey], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Schmitt worked for Raymond James Associates Inc. since November 9, 2022, and previously worked for Morgan Stanley from October 7, 2016, to November 29, 2022. […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com