Ross Barish, Broker with Joseph Stone Capital, Charged with Fraud by SEC

Barish is accused of defrauding sixteen retail customers.

The Sonn Law Group is investigating allegations that Ross Barish committed fraud. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

ross-barish-charged-with-fraudRoss Barish (CRD#: 3094364) is currently registered as a broker with Joseph Stone Capital LLC in Mineola, NY. Barish was charged by the SEC on August 13, 2020 for allegedly defrauding sixteen retail customers.

The SEC’s complaint alleges that Barish engaged in a high-cost, in-and-out trading strategy in customer accounts without conducting reasonable due diligence to determine whether the trading strategy could deliver even a minimal profit for his customers. According to the complaint, Barish also engaged in widespread unauthorized trading in customer accounts. As alleged in the complaint, Barish’s strategy resulted in over $800,000 in losses to customers, while netting Barish over $400,000 in commissions.

The complaint was filed  in federal court in Manhattan, and charges Barish with violations of the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The SEC’s complaint seeks permanent injunctive relief, disgorgement plus prejudgment interest, and civil penalties.

Barish has six other disclosures on his BrokerCheck report.

March 2020 Investigation

April 2017 Customer Dispute

February 2017 Customer Dispute

December 2010 Judgment / Lien

March 2008 Customer Dispute

March 2008 Customer Dispute

Contact Us Today

The Sonn Law Group is currently investigating allegations that Ross Barish committed fraud. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.