Keith Craig Baron of Jericho, New York, a stockbroker registered with Equity Services Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensation based upon allegations that Baron “misappropriated funds” in connection with the sale of oil and gas investments during the time that Baron was associated with Equity Services Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-02591 (November 22, 2022).
FINRA Public Disclosure shows that Baron is referenced in five other customer initiated investment related disputes concerning Baron’s conduct while associated with securities broker dealers. On June 28, 2007, a customer filed an investment related complaint involving Baron’s conduct in which the customer requested compensation based upon allegations that Baron recommended equities that performed poorly during the period that Baron was associated with SG Martin Securities LLC. The securities broker dealer closed this customer’s complaint without a resolution.
On January 31, 2012, a customer initiated investment related civil action involving Baron’s conduct was settled to resolve allegations that the customer was not provided with stock certificates and was not made aware of what securities they owned during the time that Baron was associated with SG Martin Securities LLC. Civil Action No. 005503-2010.
Baron was also referenced in a customer initiated investment related civil action that was settled to resolve allegations that Baron made misrepresentations of material fact in connection with the sale of variable annuities when Baron was associated with NYLife Securities LLC. Civil Action No. BASC 394-12 (September 21, 2012).
On June 24, 2014, an additional customer initiated investment related complaint involving Baron’s conduct was settled for $68,124.24 in damages based upon allegations that Baron made omissions of material fact in connection with the sale of universal life insurance policies during the time that Baron was associated with NYLife Securities LLC.
Baron was also referenced in a customer initiated investment related complaint filed on July 22, 2019, in which the customer requested $425,000.00 in damages based upon allegations that Baron committed fraud to relocate assets from life insurance products and annuities to over-the-counter equities when Baron was associated with Equity Services Inc. The securities broker dealer denied the customer’s complaint.
Baron’s stockbroker registration with Equity Services Inc. was terminated on January 7, 2022.
