Ralph Derose is an Ohio based securities broker. He has worked in the securities industry for thirty-nine years. During his career, he has been registered with six different securities firms.
His registrations include; Painewebber Incorporated (1980-1985), Roney & Co. (1988-1999), Raymond James (1998-2000), Ferris, Baker Watts (2000-2009), RBC Capital Markets Corporation (2009-2010), and B. Riley Wealth Management (2010-Present).
Ralph Derose’s publicly available FINRA BrokerCheck report shows that he has received multiple complaints over the course of his career.
In February 2002, a customer alleged negligence, unsuitability, and breach of fiduciary duty.
In January 2003, a customer alleged unsuitability, unauthorized trading, negligent misrepresentation, omissions, fraud, negligence, and breach of fiduciary duty.
In March 2016, customers alleged that Derose did not follow their instructions regarding liquidation of their securities. The alleged transgressions taking place between October 2010 and September 2015. This case went to arbitration where the customer was awarded $1,044,782 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 Ralph Derose, please contact Oakes & Fosher for a free and private consultation.