Advisor Alert: Our Attorneys Are Investigating Richard Layne Clark For Investment Fraud
Did You Lose Money Because of Richard (Rick) Clark?
Filed: January 18, 2024
Richard Clark (also known as Rick Clark) has been the subject of four (4) customer complaints. 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 Richard Layne Clark.
Who Is Richard Layne Clark of Ameriprise Financial Services, LLC?
- Advisor Name: Richard Layne Clark
- Aliases: Richard L Clark, Rick Clark
- CRD: 2817018
- Location: Mesa, Arizona
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: IDS Life Insurance Company
- Number of Known Customer Complaints: 4
- Can Richard Clark Be Sued: Yes, in Private Arbitration
- Can Richard Clark’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $89,200
- Highest Settlement: Unknown
If you have suffered investment losses by Richard Clark, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 Richard (Rick) Clark For Broker Misconduct
As of this publication date, Richard Clark has been the subject of 4 customer disputes. Let’s review them below.
In February 2019, a complaint was filed against or in reference to Richard Clark by a customer of Ameriprise Financial Services, LLC alleging that Mr. Clark took loans from the client from June 2003 to February 2006 and has yet to pay back the loans. Per the customer, he/she lost over $89,200 because of Mr. Clark’s actions.
In February 2010, a complaint was filed against or in reference to Richard Clark by a customer of Ameriprise Financial Services, LLC alleging that the client’s REIT purchased in June 2007 was unsuitable because it did not provide liquidity. Per the customer, he/she lost over $15,000 because of Mr. Clark’s actions.
In December 2008, a complaint was filed against or in reference to Richard Clark by a customer of Ameriprise Financial Services, LLC alleging that the client did not receive full disclosure regarding her variable annuity. The client indicated the variable annuity purchase was not in her best interest. The annuity was purchased on April 24, 2006. Per the customer, she lost over $5,000 because of Mr. Clark’s actions.
In May 2006, a complaint was filed against or in reference to Richard Clark by a customer of Ameriprise Financial Services, LLC alleging that the client was assured she would receive a monthly check that would not draw from capital. She alleged that her account was down $10,000 due to an investment. Per the customer, she lost over $10,000 because of Mr. Clark’s actions.
How To File A Claim Against Richard (Rick) Clark of Ameriprise Financial Services, LLC (previously with IDS Life Insurance Company) To Get Your Money Back
If you have questions about Richard Clark, Ameriprise Financial Services, LLC, IDS Life Insurance Company, 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.