Hobby Barndollar (CRD #: 3027317), a broker registered with Crown Capital Securities L.P., and an investment adviser registered with Crown Capital Securities L.P. and Purepath Wealth Management, is facing allegations that he made misrepresentations, omitted material facts, made unsuitable investment recommendations, and failed to exercise due diligence in respect to certain securities, according to his BrokerCheck record, accessed August 21, 2020.
On July 23, 2020, an investor alleged that Hobby Barndollar did not perform his duties with due diligence. The customer further alleged that Hobby Barndollar was negligent, made misrepresentations, and omitted material facts regarding certain transactions. The dispute is pending.
On June 9, 2020, an investor alleged that Hobby Barndollar did not perform adequate due diligence and made unsuitable investment recommendations. The client is seeking $125,000 in damages; the dispute is pending.
On April 9, 2020, an investor alleged that Hobby Barndollar made unsuitable investment recommendations and did not perform due diligence regarding two alternative investments. The investor is seeking $100,100 in damages; the dispute is pending.
There are two additional disclosures in Hobby Barndollar’s BrokerCheck record.
On July 18, 2019, an investor alleged that Hobby Barndollar was negligent and recommended unsuitable investments. The investor sought $100,000; the dispute was settled for $30,000.
On May 10, 2010, an investor alleged that Hobby Barndollar made unsuitable investment recommendations, misrepresented certain securities, and was involved in fraud. The investor sought $124,800; the dispute was settled for $47,500. You can see details of the arbitration here.
Hobby Barndollar has passed the Series 65 Uniform Investment Adviser Law Examination, Series 63 Uniform Securities Agent State Law Examination, Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, the Series 31 Futures Managed Funds Examination, and the Series 24 General Securities Principal Examination. He is registered in Florida, Georgia, Kentucky, New Hampshire, New York, North Carolina, and Wisconsin. He is also a registered investment advisor in Florida.
During his 16-year career, Hobby Barndollar has worked for the following firms:
- Cornerstone Securities LLC (CRD #: 140379)
- Newport Coast Asset Management (CRD #: 16944)
- J.P. Turner & Company LLC (CRD #: 43177)
- Calton & Associates, Incorporated (CRD #: 20999)
- Brookstreet Securities Corporation (CRD #: 14667)
- Dean Witter Reynolds, Incorporated (CRD #: 7556)
If Hobby Barndollar was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email firstname.lastname@example.org for your free case consultation with a securities attorney.
- Berthel Fisher & Company Financial Services, Incorporated (CRD #: 13609)
- Mony Securities Corporation (CRD #: 4386)
- The Mutual Life Insurance Company of New York (CRD #: 2873)
- Martin Financial Planning (CRD #: 13254)