Have you suffered losses due to investments with E*Trade Securities LLC broker Ryan Vanderwood (CRD# 6151492)? He has been registered with Morgan Stanley in Chicago, Illinois, since 2023 and with E*Trade Securities LLC in Chicago, Illinois, since 2017.
Ryan Vanderwood Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2022. “Claim alleges, inter alia, breach of fiduciary duty with respect to not contacting or preventing an elderly client who was incurring significant losses and margin debits from the trades they were initiating themselves online – January 2021 to June 2022.” The customer is seeking $2,145,122.13 in damages, and the case is currently pending. The complaint took place while he was registered with E*Trade Securities LLC, and the complaint was related to common and preferred stock losses.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, E*Trade Securities LLC may be liable for investment or other losses suffered by Ryan Vanderwood’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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