Donna Lynn Barnard of Kilgore Texas a stockbroker formerly registered with HD Vest Investment Services has been referenced in a customer initiated investment related arbitration claim where the customer requested $234,780.90 in damages founded on accusations that Barnard made misrepresentations to the customer concerning Woodbridge Mortgage Investment Fund and neglected to undertake adequate due diligence with regard to the investment. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-00455 (Feb. 2, 2018).
FINRA Public Disclosure reveals that Barnard has been referenced in nine additional customer initiated investment related disputes that pertain to allegations of Barnard’s wrongful conduct while employed with HD Investment Services and Signal Securities, Inc. Particularly, a customer filed an investment related complaint concerning Barnard’s conduct in which the customer sought $505,000.00 in damages based upon accusations that Woodbridge Mortgage Investment Fund had been misrepresented by Barnard and inadequate due diligence was conducted with regard to the customer’s security transaction. FINRA Arbitration No. 18-00254 (Jan. 22, 2018).
Barnard is also subject of a customer initiated investment related arbitration claim where the customer requested $1,000,000.00 in damages supported by allegations of misrepresentation. FINRA Arbitration No. 18-00309 (Jan. 25, 2018). Another customer filed an investment related arbitration claim that pertained to Barnard’s actions in which the customer sought $450,000.00 in damages founded on accusations of the failure to conduct due diligence and misrepresentation concerning unregistered direct investment product transactions. FINRA Arbitration No. 18-00347 (Jan. 29, 2018).
Subsequently, a customer filed an investment related complaint pertaining to Barnard’s activities where the customer requested $50,000.00 in damages based upon allegations that investment recommendations made to the customer were not suitable and misrepresentations had been made with regard to promissory notes investments. FINRA Arbitration No. 18-00359 (Feb. 9, 2018). Another customer filed an investment related complaint regarding Barnard’s activities in which the customer sought $450,000.00 in damages supported by accusations of misrepresentation and suitability concerning the customer’s investment in Woodbridge Mortgage Investment Fund 1 and Woodbridge Mortgage Investment Fund 2. FINRA Arbitration No. 18-00310 (Feb. 16, 2018).
Furthermore, a customer filed an investment related civil action involving Barnard’s conduct where the customer requested $500,000.00 in damages founded on allegations of suitability relating to the customer’s investments in Woodbridge Companies. Civil Action No. 18-0180 (Mar. 26, 2018).
Barnard’s registration with HD Investment Services was terminated on May 22, 2017.
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