Advisor Alert: Our Attorneys Are Investigating Regan Allen Rohl For Investment Fraud

Chetan Patil on February 5, 2024

Did You Lose Money Because of Regan Rohl?

Filed: February 1, 2024

Regan Rohl (also known as Regan A Rohl) has been the subject of sixteen (16) 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 Regan Allen Rohl.

Who Is Regan Allen Rohl?

  • Advisor Name: Regan Allen Rohl
  • Aliases: Regan A Rohl
  • CRD: 1877645
  • Location: Fargo, North Dakota
  • Current Employer: Currently Not Registered
  • Previous Firms: Wells Fargo Advisors, LLC, Morgan Stanley Smith Barney, and Citigroup Global Markets Inc.
  • Number of Known Customer Complaints: 16
  • Number of Known Termination Events: 1
  • Can Regan Rohl Be Sued: Yes, in Private Arbitration
  • Can Regan Rohl’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $1,500,000
  • Highest Settlement: $2,025,000

If you have suffered investment losses by Regan Rohl, 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 Regan Rohl For Broker Misconduct

As of this publication date, Regan Rohl has been the subject of 16 customer disputes and 1 termination event. Let’s review them below.

In March 2020, Wells Fargo Advisors Financial Networks, LLC terminated Regan Rohl for exercising discretion in customer accounts and failing to meet heightened supervision expectations.

In April 2019, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of Wells Fargo Advisors Financial Networks, LLC alleging that Mr. Rohl engaged in unauthorized trading and made unsuitable investment recommendations. On August 12, 2019, Mr. Rohl settled the claim for $35,000., and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In January 2019, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of Wells Fargo Advisors Financial Networks, LLC alleging that since 2011 Mr. Rohl made unauthorized trades and that he over-concentrated their accounts in oil and gas related investments. Per the customers, they lost over $1,000,000 because of Mr. Rohl’s actions. On August 10, 2019, Mr. Rohl settled the claim for $296,500, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In October 2018, a complaint was filed against or in reference to Regan Rohl by a customer of Wells Fargo Advisors Financial Networks, LLC alleging that the client was told that his investments would not lose value.

In September 2018, a FINRA arbitration was filed against or in reference to Regan Rohl by a customer of Wells Fargo Advisors Financial Networks, LLC alleging that Mr. Rohl executed transactions without the client’s authorization, recommended unsuitable master limited partnerships, and made syndicate transactions without disclosing fees beginning in 2011. On November 12, 2021, Mr. Rohl settled the claim for $2,025,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In February 2018, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of Wells Fargo Advisors Financial Networks, LLC alleging that during an unspecified time period, Mr. Rohl made unsuitable investments. Per the customers, they lost over $1,228,000 because of Mr. Rohl’s actions. On October 11, 2018, Mr. Rohl settled the claim for $375,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In December  2017, a complaint was filed against or in reference to Regan Rohl by multiple customers of MSSB alleging inter alia, misrepresentations with respect to investments – 2004 to 2011. Per the customers, they lost over $85,000 because of Mr. Rohl’s actions.

In May 2017, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of Wells Fargo Advisors alleging that during an unspecified time frame, Mr. Rohl misrepresented the risks associated with concentrated investments in energy investments. Claimants allege inter alia, misrepresentations with respect to investments- 2004 to 2011. Per the customers, they lost over $85,000 because of Mr. Rohl’s actions. On August 11, 2018, Mr. Rohl settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In August 2017, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of MSSB alleging inter alia, misrepresentations with respect to investments – 2004 to 2011. Claimants allege that Mr. Rohl recommended an unsuitable portfolio over concentrated in energy sector investments and that Mr. Rohl made unsuitable recommendations to hold these investments after they began to decline in value. Per the customers, they lost over $75,000 because of Mr. Rohl’s actions. On August 11, 2018, Mr. Rohl settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In July 2017, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of Wells Fargo Advisors Financial Networks, LLC alleging unsuitable investment recommendations were made in their accounts. Per the customers, they lost over $150,000 because of Mr. Rohl’s actions. On October 3, 2018, Mr. Rohl settled the claim for $55,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In June 2017, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of Wells Fargo Advisors Financial Networks, LLC alleging that between April 2011 and December 2016, Mr. Rohl made unsuitable investment recommendations to buy and concentrate their portfolio of four accounts into oil and gas sector master limited partnerships and closed end funds. Claimants further allege that Mr. Rohl recommended that they utilize a line of credit secured by their WFA accounts to effectively refinance existing loans held elsewhere and that they paid “exorbitant” interest over the years on this line of credit. Per the customers, they lost over $1,500,000 because of Mr. Rohl’s actions. On October 2, 2018, Mr. Rohl settled the claim for $475,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In March 2017, a FINRA arbitration was filed against or in reference to Regan Rohl by multiple customers of Wells Fargo Advisors Financial Networks, LLC alleging unsuitable master limited partnership and master limited partnership fund transactions were executed in their accounts between 2011 and 2015. Claimants also allege that they do not recall ever granting discretion to Mr. Rohl even though their accounts were moved from a non-discretionary program into a discretionary trading program in January 2014. Per the customers, they lost over $250,000 because of Mr. Rohl’s actions. On October 2, 2018, Mr. Rohl settled the claim for $68,500, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In June 2011, a complaint was filed against or in reference to Regan Rohl by a customer of Morgan Stanley Smith Barney alleging misrepresentation with respect to purchase of variable life insurance on 6/19/2000.

In August 2002, a complaint was filed against or in reference to Regan Rohl by a customer of Salomon Smith Barney alleging unsuitability and failure to follow instructions.

In January 2001, a complaint was filed against or in reference to Regan Rohl by a customer of Dain Rauscher Inc. alleging that Mr. Rohl misrepresented the risks associated with the client’s investment in Loewen Group International Inc. corporate bonds which she now claims was unsuitable. Per the customer, she lost over $10,000 because of Mr. Rohl’s actions. On July 6, 2001, Mr. Rohl settled the claim for $5,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

In December 2000, a complaint was filed against or in reference to Regan Rohl by a customer of Dain Rauscher alleging that Mr. Rohl’s recommendation to invest in Loewen Group International Inc. corporate bonds was unsuitable and resulted in a loss for the client. Per the customer, he/she lost over $40,733 because of Mr. Rohl’s actions.

In May 1999, a complaint was filed against or in reference to Regan Rohl by a customer of Dain Rauscher alleging that Mr. Rohl failed to adequately explain the risks associated with some corporate bonds and seek recovery of losses. Per the customer, he/she lost over $36,000 because of Mr. Rohl’s actions. On October 15, 1999, Mr. Rohl settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Rohl’s employer and/or insurance carrier.

How To File A Claim Against Regan Rohl (previously with Wells Fargo Advisors, LLC, Morgan Stanley Smith Barney, and Citigroup Global Markets Inc.) To Get Your Money Back

If you have questions about Regan Rohl, Wells Fargo Advisors, LLC, Morgan Stanley Smith Barney, Citigroup Global Markets Inc., 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.