RONALD DEAN BARE is currently employed as a Broker and/or Investment Adviser at SECURITIES AMERICA, INC. located at 3113 MAIN ST, SUITE 260, CONESTOGA, PA, 17516.
RONALD DEAN BARE has worked at SECURITIES AMERICA, INC. since November 12, 2002
RONALD DEAN BARE has 2 Disclosure Event(s).
Date: January 13, 2014 Category: Customer Dispute Allegations: CLIENTS ALLEGE THE VARIABLE ANNUITY AND TWO REITS THEY PURCHASED THROUGH THE REPRESENTATIVE IN 2005 AND 2006 WERE UNSUITABLE INVESTMENTS FOR THEIR NEEDS. Damage Amount Requested: $133,317.00 Broker Comment: ANY LOSSES THE CLIENTS REALIZED WERE ASSOCIATED WITH THE TURBULENT MARKET CONDITIONS OF 2007-2009. THE CLIENTS PREMATURELY LIQUIDATED A MAJORITY OF THEIR INVESTMENTS AGAINST MY ADVICE AND COULD THEREFORE NOT EXPERIENCE ANY GAINS THAT MAY HAVE RESULTED FROM THE FOLLOWING MARKET RECOVERY. THE CLIENTS SIGNED MULTIPLE FORMS INDICATING THEIR UNDERSTANDING OF THE RISKS OF INVESTING AND THE POTENTIAL LACK OF LIQUIDITY OF THE INVESTMENT VEHICLES. AT THE TIME THE INVESTMENTS WERE MADE, THE CLIENTS AGREED THAT THESE WOULD BE SUITABLE INVESTMENTS FOR THEIR NEEDS. MY BROKER/DEALER HAS REVIEWED THE COMPLAINT AND HAS DENIED THE CLIENTS' CLAIMS.
Date: April 14, 2011 Category: Customer Dispute Allegations: IN CONNECTION WITH THE RECOMMENDATION AND SALE OF MEDICAL CAPITAL, CLAIMANTS ALLEGE MISREPRESENTATION AND UNSUITABILITY. Damage Amount Requested: $1,318,000.00 Settlement Amount: $555,865.39 Broker Comment: I AM NOT A NAMED RESPONDENT IN THIS MATTER, AND ANY ALLEGATIONS MADE AGAINST ME ARE WITHOUT MERIT. FURTHER, MY CLIENTS WHO ARE A PARTY TO THIS CLAIM ONLY INVESTED A TOTAL OF $100,000, NOT THE $200,000 WHICH IS ALLEGED. 10/12/2011: THIS CLAIM WAS PART OF A GLOBAL SETTLEMENT BY SECURITIES AMERICA, INC. 10/01/2012 SAI SETTLED ALL REMAINING CLAIMS FOR $55,000.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for RONALD DEAN BARE, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More