Advisor Alert: Our Attorneys Are Investigating Rudolf Lucian Molnar For Investment Fraud
Did You Lose Money Because of Rudy Molnar?
Filed: January 24, 2024
Rudolf Molnar (also known as Rudy Molnar) has been the subject of three (3) regulatory events and two (2) 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 Rudolf Lucian Molnar.
Who Is Rudolf Lucian Molnar of Ameriprise Financial Services, LLC?
- Advisor Name: Rudolf Lucian Molnar
- Aliases: Rudy Molnar
- CRD: 3211892
- Location: New Port Richey, Florida
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Securities America, Inc. and AIG Retirement Advisors, Inc.
- Number of Known Customer Complaints: 2
- Number of Known Regulatory Events: 3
- Can Rudolf Molnar Be Sued: Yes, in Private Arbitration
- Can Rudolf Molnar’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $164,000
- Highest Settlement: $13,500
If you have suffered investment losses by Rudolf Molnar, 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 Rudy Molnar For Broker Misconduct
As of this publication date, Rudolf Molnar has been the subject of 3 regulatory events and 2 customer disputes. Let’s review them below.
In July 2022, a FINRA arbitration was filed against or in reference to Rudolf Molnar by multiple customers of Ameriprise Financial Services, LLC alleging that Mr. Molnar recommended an unsuitable, high risk, and speculative alternative investment, FS Energy & Power (FSEP). Per the customers, they lost over $65,000 because of Mr. Molnar’s actions. On January 2, 2024, Mr. Molnar settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Molnar’s employer and/or insurance carrier.
In December 2020, a FINRA arbitration was filed against or in reference to Rudolf Molnar by multiple customers of Ameriprise Financial Services, LLC alleging that they were recommended an unsuitable, high-commission, high-risk, and speculative alternative investment, FSKR. Per the customers, they lost over $164,000 because of Mr. Molnar’s actions. On February 10, 2023, Mr. Molnar settled the claim for $13,500, and some or all of this amount may have been paid by Mr. Molnar’s employer and/or insurance carrier.
In May 2013, The Commonwealth of Virginia initiated a regulatory action against or in reference to Rudolf Molnar. The Commonwealth Of Virginia reviewed Molnar’s insurance registration based upon the AWC he entered related to FINRA file number 2010022064201 and a State Of California Administrative action resulting from the same FINRA matter.
In May 2012, Illinois initiated a regulatory action against or in reference to Rudolf Molnar over disqualification caused by FINRA order entered March 14, 2012 in disciplinary proceeding no.2010022064201.
In March 2012, FINRA initiated a regulatory action against or in reference to Rudolf Molnar for impersonating four customers in order to expedite the transfer of their accounts from his former broker-dealer employer to his new broker-dealer employer. In each instance, he placed a telephone call to his former broker-dealer, identified himself as the customer, and proceeded to impersonate the customer, sometimes using personal information such as the customer’s birth date or social security number. Although the customers had authorized the transfer of their accounts, the customers did not authorize the impersonations.
How To File A Claim Against Rudy Molnar of Ameriprise Financial Services, LLC (previously with Securities America, Inc. and AIG Retirement Advisors, Inc.) To Get Your Money Back
If you have questions about Rudolf Molnar, Ameriprise Financial Services, LLC, Securities America, Inc., AIG Retirement Advisors, 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.