David Ridenour is an Oklahoma based securities broker. He has worked in the securities industry for twelve years. During his career, he has been registered with just two different securities firms. They were Morgan Stanley (2006-2012) and Wells Fargo Clearing Services (2012-Present).
David Ridenour’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In July 2016, a customer alleged that Ridenour invested in an unsuitable portfolio that consisted almost entirely of unsuitable securities in the energy sector. The customer alleged that these risky and aggressive securities were purchased without her authorization. This case was settled for $47,500 in damages.
In February 2018, another customer alleged that Ridenour made unsuitable investments in high-risk, speculative stocks and bonds. This case was settled for $140,000 in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with David Ridenour, please contact Oakes & Fosher for a free and private consultation.