Israels & Neuman, PLC Investigates Hugh Barndollar of Crown Capital Securities
Have you lost money with financial advisor Hugh O. Barndollar III (CRD# 3027317) of Crown Capital Securities in Land O’ Lakes, Florida? We are investigating allegations of former customers related to Hugh “Hobby” Barndollar. Hugh “Hobby” Barndollar’s CRD report, a public record maintained by FINRA, states that Barndollar has been the subject of a customer complaint regarding a private placement.
The customer alleges that Barndollar breached his fiduciary duty and that his brokerage firm, Crown Capital Securities, failed to due adequate due diligence. It is believed that the customer is complaining about investments in GPB Capital. GPB Capital has had financial issues, and it is believed that investors have suffered significant harm investing in GPB.
Hugh Barndollar is a registered representative of Crown Capital Securities from March 2013 to the present. He has worked at branch offices in Land O’ Lakes, Florida. Barndollar is also affiliated with Barndollar Advisory Services.
Brokerage firms like Crown Capital Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout southern Florida. Attorney David Neuman is licensed to practice law in Florida. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Crown Capital Securities.