Investor Alert: FINRA fine Ronald Richard Blasczyk $10,000, plus 15 day suspension

Furgison Law Group is looking at cases against Wells Fargo related to possible misconduct by Ronald Richard Blasczyka

The securities fraud lawyers at Furgison Law Group are currently investigating claims against Wells Fargo related to possible misconduct by Ronald Richard Blasczyk (CRD #3065429). According to the CRD Report, Blasczyk made an unsuitable recommendation for his client to liquidate a variable annuity by understating the annual rate of return for the variable annuity and also wrongly concluding that his customer’s funds were at risk.

Ronald Blasczyk has complaints of wrongdoing reported on his regulatory file

The CRD Report of Ronald Richard Blasczyk includes the disclosure of a customer complaint that an annuity was surrendered without authorization These types of complaints are serious red flags that evidence a pattern of unsuitable investment recommendations in order to generate commissions and income for themselves, at the expense of their clients.

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.

Can I recover my investment losses?

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Ron Blasczyk at Wells Fargo, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.