Advisor Alert: Our Attorneys Are Investigating Ryan Reaume Riley For Investment Fraud
Did You Lose Money Because of Ryan Riley?
Filed: March 11, 2024
Ryan Riley has been the subject of two (2) regulatory events, one (1) civil event, and one (1) customer complaint. 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 Ryan Reaume Riley.
Who Is Ryan Reaume Riley?
- Advisor Name: Ryan Reaume Riley
- Aliases: Ryan Riley
- CRD: 2684692
- Location: San Diego, California
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: Viewpoint Securities, LLC, Gunnallen Financial, Inc, and Sentra Securities Corporation
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 2
- Number of Known Civil Events: 1
- Can Ryan Riley Be Sued: Yes, in Private Arbitration
- Can Ryan Riley’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $85,041
- Highest Settlement: $26,000
If you have suffered investment losses by Ryan Riley, 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 Ryan Riley For Broker Misconduct
As of this publication date, Ryan Riley has been the subject of 2 regulatory events, 1 civil event, and 1 customer dispute. Let’s review them below.
In May 2023, United States Securities and Exchange Commission initiated a regulatory action against or in reference to Ryan Riley for allegedly misappropriating client and investor funds for personal use and trading and misled clients and investors by making materially false and misleading statements to those clients and investors regarding his use of their funds.
In March 2023, United States Securities and Exchange Commission initiated a civil action against or in reference to Ryan Riley for allegedly orchestrating a fraudulent investment scheme.
In February 2012, FINRA initiated a regulatory action against or in reference to Ryan Riley for allegedly participating in private securities transactions, through his company, while associated with his member firm without providing prior written notice to the firm. Riley recommended these private securities transactions to clients, investors, and customers of his firm and he raised or participated in getting approximately $10,759,048 through these investments. Riley also purchased investment securities in a company in the form of a promissory note for $10,000.
In September 2001, a NASD arbitration was filed against or in reference to Ryan Riley by a customer of UBS Painewebber, Inc. N/K/A UBS Financial Services, Inc. alleging that 77% of trading transactions in his two accounts over an 18 month period were unauthorized and that many of the purchases of securities by claimant were of unsuitable securities. Per the customer, he/she lost over $85,041 because of Mr. Riley’s actions. An arbitration panel found that Ryan Riley was negligent and awarded $26,000 in favor of the customers.
How To File A Claim Against Ryan Riley (previously with Viewpoint Securities, LLC, Gunnallen Financial, Inc, and Sentra Securities Corporation) To Get Your Money Back
If you have questions about Ryan Riley, Viewpoint Securities, LLC, Gunnallen Financial, Inc, Sentra Securities Corporation, 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.