Current Investigations

Investor Claims Michael Ralston Gave Unsuitable Recommendations

By June 20, 2018 No Comments

Michael Ralston has worked in the securities industry for 21 years. From 1996 to 2001 he worked for both Metlife Securities and the Metropolitan Life Insurance Company. From 2001 to 2006 he worked for TCF Investments. From 2006 to 2008 he worked for IFMG Securities. In 2008 he also worked for the Uvest Financial Services Group. He has worked for Fidelity Brokerage Services since 2008.

Michael Ralston’s FINRA BrokerCheck report shows that he is the subject of a customer dispute brought forward this year. The former customer alleged that in 2010, Ralston’s recommendation to restructure his accounts, including purchasing into an annuity, was unsuitable to the customer’s needs. The customer is seeking half a million dollars in damages.

If you, or someone you know, have lost money investing with Michael Ralston, please contact Oakes & Fosher for a free and private consultation. Oakes & Fosher dedicates its entire legal practice to representing investors across the nation.