Did you lose money with Ralph DeRose and Wunderlich Securities? If so, please call the securities attorneys of Stoltmann Law Offices at 312-332-4200 for a free consultation to find out how you can recover your losses. There is no obligation. We may be able to help you bring a claim against Wunderlich for money losses on a contingency fee basis which means we don’t get paid unless you recover. There is a statute of limitations on most cases so please call today.
DeRose was accused of mismanaging a customer account, breaching fiduciary duties, failing to follow instructions to sell, failing to diversify the account holdings and overly concentrated the account in energy related securities. These are all violations of industry rules, and Wunderlich may be responsible for your losses because it failed to properly supervise him. A three person arbitration panel decided to award the clients of DeRose $1,045,000 in compensatory damages and assessed all costs and fees of the arbitration against Wunderlich.
According to his online public record with the Financial Industry Regulatory Authority (FINRA), DeRose was previously registered with Painewebber, Roney & Co., Raymond James, Ferris, Baker Watts and RBC Capital Markets. He is currently registered with Wunderlich in Beachwood, Ohio and has been since October 2010. He has three customer disputes against him.
Disclaimer
The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.
