Advisor Alert: Our Attorneys Are Investigating Ronald Luther Bucher For Investment Fraud
Did You Lose Money Because of Ron Bucher?
Filed: January 30, 2024
Ronald Bucher (also known as Ron Bucher) currently has three (3) pending customer complaints and one (1) pending judgment/lien event. Overall has been the subject of one (1) regulatory event, four (4) termination events, six (6) customer complaints, one (1) financial event, and one (1) judgment/lien 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 Ronald Luther Bucher.
Who Is Ronald Luther Bucher?
- Advisor Name: Ronald Luther Bucher
- Aliases: Ron Bucher, Ronald L Bucher
- CRD: 1804910
- Location: Atlanta, Georgia
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: San Blas Securities LLC, Pinnacle Investments, LLC, and Oppenheimer & Co. Inc.
- Number of Known Customer Complaints: 6
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 4
- Number of Known Financial Events: 1
- Number of Known Judgment/Lien Events: 1
- Can Ronald Bucher Be Sued: Yes, in Private Arbitration
- Can Ronald Bucher’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $77,772.32
- Highest Settlement: $13,500
If you have suffered investment losses by Ronald Bucher, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Ron Bucher For Broker Misconduct
As of this publication date, Ronald Bucher has been the subject of 1 regulatory event, 4 termination events, 6 customer disputes, 1 financial event, and 1 judgment/lien event. Let’s review them below.
In December 2023, FINRA initiated a regulatory action against or in reference to Ronald Bucher for refusing to produce information and documents requested by FINRA in connection with its investigation into the allegations his member firm made in a Form U5 filing. The findings stated that allegations included communicating with customers via text messages and personal email. Although Bucher produced some information in response to the request, he failed to produce other information, including the requested customer communication.
In August 2023, a complaint was filed against or in reference to Ronald Bucher by a customer of Pinnacle Investments, LLC alleging investments were not in line with stated objectives and transactions were not authorized. Per the customer, he/she lost over $77,772.32 because of Mr. Bucher’s actions. As of this publication date, this claim remains pending.
In August 2023, a complaint was filed against or in reference to Ronald Bucher by a customer of Pinnacle Investments, LLC alleging the account was not managed in a manner consistent with stated objectives and transactions were made without their knowledge. As of this publication date, this claim remains pending.
In July 2023, Pinnacle Investments, LLC terminated Ronald Bucher for violating company policy by communicating with a client through text and failing to disclose that violation on a FINRA 8210 form.
In June 2023, a complaint was filed against or in reference to Ronald Bucher by a customer of Pinnacle Investments, LLC alleging decline in value as well as a decline in verbal communication during 2022/23. As of this publication date, this claim remains pending.
In March 2022, a complaint was filed against or in reference to Ronald Bucher by a customer of Pinnacle Investments, LLC alleging unrealized losses. The client also indicated that they are responsible for the gains and losses in their account as they direct the representative on certain securities they would like to buy. Per the customer, he/she lost over $18,173.67 because of Mr. Bucher’s actions.
In August 2020, Ronald Bucher was the subject of a civil judgment or lien in the amount of $30,325.23. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In July 2018, Raymond James & Associates, Inc. terminated Ronald Bucher after an interview concerning a trade he had executed in a deceased client’s account. Mr. Bucher was also notified that the Firm would be contacting some of his clients to determine whether he had spoken with them prior to executing trades in their non-discretionary accounts. FA resigned after several of his clients were contacted and he was made aware that multiple clients had stated he had not been speaking with them prior to executing trades in their accounts.
In February 2018, Wells Fargo Home Mortgage reported that Mr. Bucher had outstanding debt totaling $512,000. Mr. Bucher settled this matter in the amount of $125,000.
In October 2002, a NASD arbitration was filed against or in reference to Ronald Bucher by a customer of Stanford Group Company and Josephthal & Co. N/K/A Fahnestock & Co. alleging fiduciary relationship, unauthorized trading, misrepresentation & commissions, breach of contract, negligence, and common law fraud. Per the customer, he/she lost over $70,000 because of Mr. Bucher’s actions. An arbitration panel found that Ronald Bucher was negligent and awarded $10,000 in favor of the customers.
In May 1998, A.G. Edwards & Sons, Inc. terminated Ronald Bucher for non exercised time discretion beyond 24 hours without more than verbal instructions.
In April 1997, a FINRA arbitration was filed against or in reference to Ronald Bucher by a customer of Prudential Securities Incorporated alleging non-suitability. On June 25, 1997, Mr. Bucher settled the claim for $13,500, and some or all of this amount may have been paid by Mr. Bucher’s employer and/or insurance carrier.
In March 1997, A.G. Prudential Securities Incorporated terminated Ronald Bucher for none discharged for entering order by order of a POA after the client had died. Mr. Bucher also failed to close the account and reopen under the deceased title.
How To File A Claim Against Ron Bucher (previously with San Blas Securities LLC, Pinnacle Investments, LLC, and Oppenheimer & Co. Inc.) To Get Your Money Back
If you have questions about Ronald Bucher, San Blas Securities LLC, Pinnacle Investments, LLC, Oppenheimer & Co. 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.