The attorneys at Gana Weinstein LLP are currently investigating Winfield Capital Partners, LP (Winfield Capital) and its principals Richard Hartnett (Hartnett) and Taryn Hartnett. If you have suffered investment losses with Winfield Capital Partners our firm would be interested in speaking with you. According to a BrokerCheck report, through April 2016 Hartnett was a broker with Morgan Stanley out of the firm’s West Palm Beach, Florida office location. Hartnett has been subject to at least eight customer complaints and one regulatory action during the course of his career.
According to the complaints it appears that Hartnett was indebted to Morgan Stanley in the amount $1,288,872 at or aroud the time he left the firm. In December 2018 Morgan Stanely was able to obtain an arbitration award for this amount against Hartnett which Hartnett may be still liable for. Thereafter, FINRA suspended Hartnett for failing to comply with the award. Prior to leaving Morgan Stanely Hartnett was subject to a number of customer complaints alleging excessive trading that generated large fees and commissions for Hartnett at the client’s expense.
Winfield Capital Partners began soliciting investors in or around 2016 after filing a Regulation D Private Placement offering with the Securities and Exchange Commission (SEC). According to Winfield Capital Partners’ filings the fund sought to raise approximately $55 million in investor funds.
Winfield Capital Partners’ does not disclose the customer complaints against Hartnett or the award Morgan Stanely obtained against him. Instead, the website merely discloses that Hartnett seeks to continue trading investor funds through Winfield Capital Partners.