Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Barber (Barber), currently associated with Glendale Securities, INC. / Techspeed Clearing LLC, has at least one disclosable event. These events include one customer complaint, alleging that Barber recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $40,000,000.00 on September 15, 2025.
This Complaint details Defendants’ long-running, ongoing, securities fraud \, scheme that has defrauded investors of at least $40 million. From 2015-2023, Defendants \, sold shares in numerous corporate entities by falsely claiming that these entities had \, developed industry-disrupting technologies.