Geneos Wealth Management Financial Advisor Katrina BarrettKatrina Ann Barrett (CRD#: 5297739) is a registered broker and investment advisor. Since 2009, Ms. Barrett has been a representative of Geneos Wealth Management, based in Scottsdale, Arizona. Prior to that, she was employed at First Investors Corporation.

Recently, allegations have been raised that Ms. Barrett recommended that clients put their money into LJM Capital Preservation and Growth Fund. There have been reports that LJM Capital investors have suffered major financial losses.

According to reporting from Barron’s, LJM Capital Preservation and Growth Fund failed its investors. On a single day in February of 2018, LJM Capital — an investment fund that was marketed as ‘preserving capital’ for investors — lost more than 55 percent of its total value. A truly devastating loss for investors who thought they were putting their hard earned money into a relatively safe and secure financial product.

If you or your loved one was recommended LJM Capital Preservation by a broker or financial advisor, you may have a viable claim for unsuitable investment losses. You should consult with a lawyer right away.

At Sonn Law Group, we protect the rights and interests of investors nationwide. If you suffered investment losses after receiving unsuitable investment guidance, our legal team is here to help. For a free legal consultation, please contact us today.

Disclaimer: This article contains opinions and NOT statements of fact in any way whatsoever. The information here is general information that should not be taken as legal advice. NO attorney-client relationship is established between you and our attorneys by reading this article. This article is attorney advertising and should not be used as a substitute for legal advice from a qualified securities lawyer.

Sonn Law Group is investigating claims regarding Joel Eziekel Blum (CRD #4905379, Goshen, New York). Blum recently submitted an AWC in which he was fined $10,000 and suspended from association with any FINRA member in any capacity for 20 days. See FINRA Case #2014040186601. Blum was associated with Merrill Lynch from May 2008 until his termination in February 2014. Blum has been associated with Ameriprise Financial Services, Inc., since February 2014. The Form U-5 filed by Merrill Lynch to terminate Blum's registration states that he was discharged for "conduct including failure to contact clients in advance of entering orders in non-discretionary accounts and mismarking order tickets as unsolicited." FINRA found that Blum executed discretionary transactions in customer accounts without written authorization to do so. In addition, Blum mismarked order tickets in connection with these transactions, inaccurately indicating that the trades were unsolicited, according to FINRA. In entering into the AWC, Blum neither admitted or denied FINRA's findings. Pursuant to FINRA Rules, member firms are responsible for supervising a broker's activities during the time the broker is registered with the firm. Therefore, Ameriprise or Merrill Lynch may be liable for investment or other losses suffered by Blum's customers. If you were a client of Ameriprise, Merrill Lynch, or Blum, and have suffered investment losses or financial irregularities, please contact Sonn Law Group to explore your legal options. Sonn Law Group is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies. To learn more, please call us at 844-689-5754 or complete our "contact form."
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