South Dakota Securities Division Bars Dennis Riordan, of Wynston Hill Capital
According to the South Dakota Securities Division, the state regulator has reportedly revoked the registration of financial advisor Dennis Riordan (CRD #2412563) after the Financial Industry Regulatory Authority (FINRA) suspended him from the securities industry. Riordan was reportedly suspended on December 3, 2021 from associating with any FINRA member firm in all capacities. According to his broker report, if Riordan fails to request termination of the suspension within three months of the date of the Notice of Suspension, he will automatically be barred on February 14, 2022 from association with any FINRA member in all capacities.
Riordan reportedly has eight disclosure events on this broker profile including 4 customer complaints. Allegations include Unauthorized trading, fraud, misrepresentation, negligence, breach of contract and breach of fiduciary duty, among others.
In addition to Wynston Hill Capital, Dennis Riordan was reportedly affiliated with the following firms during his career, among others, according to FINRA:
02/16/2017 – 06/05/2017, AEON CAPITAL INC (CRD#:164004), Middletown, NJ,
01/07/2015 – 05/21/2015, ROTHSCHILD LIEBERMAN LLC (CRD#:10030), New York, NY
02/19/2014 – 12/17/2014, CORINTHIAN PARTNERS, L.L.C. (CRD#:38912), NEW YORK, NY
Potential Lawsuits to Recover Financial Losses
The White Law Group is investigating potential securities fraud lawsuits regarding the liability that Dennis Riordan’s employers may have for failure to properly supervise him.
When brokers violate securities laws, such as making unauthorized transactions or unsuitable investments, 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 Seattle, Washington. We represent investors in FINRA arbitration claims in all 50 states including New York and South Dakota. Our attorneys have recovered millions of dollars from many brokerage firms in the past.
If you are concerned about your investments with Dennis Riordan, 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.