Ralph Byer is a Florida based securities broker. He has worked in the securities industry for thirty-six years. He has spent his entire career registered with just Merrill Lynch.
Ralph Byer’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In July 1993, a customer complained about the performance of a $100,000 limited partnership investment. This case was settled for $42,000 in damages.
In March 1999, a customer alleged that Byer churned his account. He also alleged that he was never informed of the repercussions of margin trading. This case was settled for $22,500 in damages.
In April 2001, a customer alleged that Ralph Byer made unsuitable investment recommendations.
In February 2003, a customer raised issues with the suitability of her portfolio.
In January 2009, a customer alleged unsuitable investment recommendations. This case was settled for $7,000 in damages.
In February 2014, a customer alleged misrepresentation concerning a variable life insurance policy.
In June 2018, customers alleged excessive trading, unsuitable investment recommendations, and misrepresentation. The alleged transgressions taking place between 1990 and 2018.
Oakes & Fosher dedicates its entire career to helping investors across the nation. If you, or someone you know, have lost money investing with Ralph Byer, please contact Oakes & Fosher for a free and private consultation.