Rich Barber (CRD#: 1298800) – Glendale Securities & TechSpeed Securities, Sherman Oaks, CA: Detailed Investor Research Report
Haselkorn & Thibaut has launched an investigation into Rich Barber, a financial advisor registered with Glendale Securities and TechSpeed Securities in Sherman Oaks, California. Investors who have worked with Mr. Barber or have concerns about their portfolios can contact our team for a free and confidential consultation at 1 888-885-7162. With over 50 years of experience, a 98% success rate, and millions recovered for investors, Haselkorn & Thibaut is dedicated to advocating for those harmed by potential investment misconduct.
Overview: Who Is Rich Barber?
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Rich Barber is a veteran financial advisor with over 23 years of experience in the securities industry. He is currently registered as a broker with both Glendale Securities and TechSpeed Securities, operating out of Sherman Oaks, CA. His background includes prior registrations at several other broker-dealers.
- Current Broker-Dealers: TechSpeed Securities, Glendale Securities
- Past Firms: Wilson-Davis & Company, Penson Financial Services, Computer Clearing Services, White Pacific Securities, Acument Securities, Capital Investment Exchange, BA Investment Services, GKN Securities
- Licenses & Exams: Holds numerous industry licenses, including the Series 7, Series 63, Series 6, Series 55, Series 8, Series 14, Series 26, and Series 27
- Location: Sherman Oaks, California
Investor Complaint: The $40 Million Allegation
As of the most recent update, a significant investor complaint alleging $40 million in damages has been filed against Rich Barber. The claim, filed in September 2025, specifically accuses Mr. Barber—while with Glendale Securities—of orchestrating a “long-running, ongoing securities fraud scheme.” The central allegation is that he was involved in the sale of securities where it was claimed that certain entities had “industry-disrupting technologies,” which were allegedly misrepresented to investors.
This complaint refers to “numerous” defendants and remains pending. Importantly, this does not constitute a finding of wrongdoing, but it signals a level of concern that investors should be aware of regarding the accuracy and transparency of representations made by brokers.
| Key Allegations | Details |
|---|---|
| Date Filed | September 2025 |
| Claim Amount | $40 million |
| Firm Involved | Glendale Securities |
| Status | Pending |
| Nature of Allegations | Orchestrating an ongoing securities fraud scheme; misrepresentation of investment opportunities |
FINRA BrokerCheck & Regulatory Findings
According to the latest FINRA BrokerCheck search and a comprehensive public record review, here’s a summary of current regulatory findings regarding Rich Barber:
- No settled or adjudicated customer complaints on record (aside from the pending $40 million claim)
- No reported regulatory actions (no suspensions, fines, or disciplinary orders by FINRA or the SEC)
- No SEC enforcement actions, cease-and-desist orders, or similar proceedings identified in public filings
- No documented bankruptcies, financial judgments, or liens
- No state-level administrative orders in California or other jurisdictions as of the most recent public record review
Summary Table of Complaints and Regulatory Findings:
| Date | Type | Status | Amount | Description |
|---|---|---|---|---|
| September 2025 | Customer Complaint | Pending | $40 Million | Alleged securities fraud, misrepresentation involving industry-disrupting technologies (Glendale Securities) |
Potential Red Flags for Investors
- Pending High-Value Complaint: The existence of a large, pending customer complaint is not conclusive but should prompt heightened diligence from investors.
- Alleged Misrepresentation: It is critical for financial advisors to provide accurate information on investments. Any alleged misrepresentation is a serious concern under FINRA Rule 2020, which prohibits “manipulative, deceptive or other fraudulent devices.”
- Lack of State Licensing: As of December 2025, Rich Barber is not currently licensed with any state, potentially restricting certain advisory functions or services.
What Should Current and Former Clients Do?
If you have invested with Rich Barber through Glendale Securities or TechSpeed Securities, or have questions about your portfolio or specific products recommended, you may wish to:
- Review investment statements and compare them to the information initially provided
- Gather records of all communications with the advisor or firm
- Be alert to discrepancies or potential misstatements about risks, liquidity, or the products’ features
- Reach out to an independent law firm with experience in securities arbitration for a case review
How Haselkorn & Thibaut Can Help
Haselkorn & Thibaut is a national law firm focused exclusively on representing investors nationwide who have suffered losses due to financial advisor misconduct. With a no recovery, no fee promise, a 98% success rate, and an experienced team dedicated to client service, they are uniquely positioned to help you understand your rights and options.
- Free, confidential consultations
- National reach with industry-recognized attorneys
- Deep experience with broker-dealer claims and investor recovery
Your Next Steps
If you or a loved one have concerns about investments made through Rich Barber, Glendale Securities, or TechSpeed Securities, now is the time to act. An independent review by Haselkorn & Thibaut can provide clarity and peace of mind, potentially helping you recover lost funds. There is no cost and no obligation—your interests always come first.
Call Haselkorn & Thibaut today at 1 888-885-7162 for your free consultation and take the first step toward protecting your investments and your financial future.
