Financial Advisor Ryan Murnane, Woodstock Financial Group
Are you concerned about investments with Ryan Murnane in the state of Montana? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.
According to public disclosures on FINRA’s website, on December 7, 2018, Montana Securities Division reportedly barred Murnane from selling securities in Montana due to “Excessive trading; unsuitable trading; unauthorized trading; excessive commissions; unethical and fraudulent trading; unregistered trading; failing to comply with a condition imposed by the Montana Securities Commissioner (Heightened Supervision Agreement).” He also was fined $300,000 and forced to pay restitution in the amount of $313,069.00 after he allegedly churned his client’s account.
According to his FINRA BrokerCheck report, Murnane was reportedly affiliated with Alexander Capital LP in New York, NY from 2013 until 2015 and again in 2017. He was reportedly affiliated with Woodstock Financial Group from 2015 through 2017. Murnane’s broker record indicates 8 customer complaints have purportedly been filed against him since 2012. Allegations included unsuitable investments and churning, among others.
Investigating Potential Lawsuits
The White Law Group is investigating potential lawsuits regarding the liability that Murnane’s employers may have for failure to properly supervise him.
When brokers violate securities laws, such as making unauthorized transactions or churning accounts, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.
Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
We represent investors in FINRA arbitration claims in all 50 states, including Montana. Our attorneys have recovered millions of dollars from many brokerage firms in the past.
If you are concerned about your investments with Ryan Murnane, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.
For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.