Advisor Alert: Our Attorneys Are Investigating Kenneth Carl Ramos For Investment Fraud
Did You Lose Money Because of Kenneth Ramos?
Filed: March 18, 2024
Kenneth Ramos currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) customer complaints and one (1) termination event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Kenneth Carl Ramos.
Who Is Kenneth Carl Ramos of Stifel, Nicolaus & Company, Incorporated?
- Advisor Name: Kenneth Carl Ramos
- Aliases: Kenneth Ramos
- CRD: 2553426
- Location: New York, New York
- Current Employer: Stifel, Nicolaus & Company, Incorporated
- Previous Firms: Morgan Stanley and Morgan Stanley & Co. Incorporated
- Number of Known Customer Complaints: 2
- Number of Known Termination Events: 1
- Can Kenneth Ramos Be Sued: Yes, in Private Arbitration
- Can Kenneth Ramos’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,300,000
- Highest Settlement: $8,000
If you have suffered investment losses by Kenneth Ramos, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Kenneth Ramos For Broker Misconduct
As of this publication date, Kenneth Ramos has been the subject of 2 customer disputes and 1 termination event. Let’s review them below.
In October 2023, a FINRA arbitration was filed against or in reference to Kenneth Ramos by a customer of Stifel, Nicolaus & Company, Incorporated alleging breach of fiduciary duty, unsuitable investments, unauthorized transactions, failure to act in the “best interest” of the claimant, excessive commissions, misrepresentations and omissions, negligence, and violation of state and federal securities laws. Per the customer, he/she lost over $1,300,000 because of Mr. Ramos’s actions. As of this publication date, this claim remains pending.
In November 2017, Morgan Stanley Wealth Management terminated Kenneth Ramos for allegations that Mr. Ramos executed some transactions for non-discretionary client accounts without speaking with the clients beforehand in all cases.
In August 2002, a complaint was filed against or in reference to Kenneth Ramos by a customer of RBC Dain Rauscher, Inc. alleging objection to Mr. Ramos’ sales practices. Per the customer, he/she lost over $25,000 because of Mr. Ramos’s actions. On August 2, 2005, Mr. Ramos settled the claim for $8,000, and some or all of this amount may have been paid by Mr. Ramos’s employer and/or insurance carrier.
How To File A Claim Against Kenneth Ramos of Stifel, Nicolaus & Company, Incorporated (previously with Morgan Stanley and Morgan Stanley & Co. Incorporated) To Get Your Money Back
If you have questions about Kenneth Ramos, Stifel, Nicolaus & Company, Incorporated, Morgan Stanley, Morgan Stanley & Co. Incorporated, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.