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Griffin Barash Allegedly Misrepresented a Variable Annuity

Griffin Barash (CRD #: 5155858), a broker registered with Woodbury Financial Services, is facing an investor dispute. This disclosure appears in his BrokerCheck record, accessed on August 18, 2023. Keep reading if you have questions about his alleged conduct as a broker. 

On June 20, 2023, an investor alleged that Griffin Barash misrepresented a variable annuity. 

What is a Variable Annuity? 

Variable annuities are complex investments. These policies can decline in value depending on the performance of the underlying securities. Surrender charges, tax penalties, and other fees can make these policies unsuitable.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of material information, such as an investment’s potential returns, risks, or limitations.

Background Information 

Griffin Barash has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 6 Investment Company Products / Variable Contracts Representative Examination 

He is a registered broker in 14 states and is a registered investment adviser in California and Texas. 

Griffin Barash has registered with the following firms: 

  • Woodbury Financial Services (CRD #: 421)
  • UnionBanc Investment Services (CRD #: 14455) 
  • John Hancock Distributors (CRD #: 5249) 

Kurta Law Can Help

If you worked with Griffin Barash and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.

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