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Kenneth Ramos of Stifel, Nicolaus & Co.: $389k Unsuitable Investment Complaint

If you have lost money in the stock market due to fraud, misrepresentation, negligence, or for other reasons, we can help you. We have successfully recovered over $250 million in FINRA securities arbitrations.*

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Updated on: February 8, 2023

KlaymanToskes has Recovery Options for Kenneth Carl Ramos Investors

National investment fraud lawyers KlaymanToskes is investigating Kenneth Carl Ramos (CRD# 2553426) of Stifel, Nicolaus & Co. after the New York City financial adviser received an investor complaint alleging unauthorized and unsuitable trades resulting in investor damages of $389,000.

If you suffered significant losses with Kenneth Carl Ramos at Stifel, Nicolaus & Company’s New York, NY branch, contact securities attorney Lawrence L. Klayman at (888) 997-9956 or lklayman@klaymantoskes.com to discuss your recovery options at no cost.

Kenneth Carl Ramos’ FINRA Disclosures and Customer Complaints

According to Ramos’ FINRA BrokerCheck, the broker and investment adviser has been named in three public disclosures. The most recent disclosure is a customer complaint filed on January 13th, 2023 that alleges Ramos made unauthorized and unsuitable trades, did not follow the customer’s sell instructions, and did not explain the risks related to a unit investment trust and structured note products. The complaint alleges investor damages of $389,000.

Additional FINRA public disclosures on Ramos’ BrokerCheck Report reveal that he resigned from Morgan Stanley Wealth Management in 2017 following allegations that he executed some transactions for non-discretionary client accounts without speaking with the clients beforehand. A second customer complaint filed in 2002 alleged the investor objected to Ramos’ sales practices and was settled for $8000 in favor of the investor.

Who is Kenneth Carl Ramos?

Kenneth Carl Ramos (CRD# 2553426)

  • Ramos is currently registered with Stifel, Nicolaus & Co. in New York, NY located at 1095 Avenue of the Americas.
  • Ramos’ past registrations include Morgan Stanley from 2009 to 2017 in New York, NY.
  • Ramos holds 25 years of securities industry experience and 23 state licenses.

How Can I Recover My Losses?

Former and current customers of Kenneth Carl Ramos at Stifel, Nicolaus & Company’s New York, NY branch who have experienced significant investment losses are encouraged to contact securities attorney Lawrence L. Klayman, Esq. at 1-888-997-9956 or lklayman@klaymantoskes.com

KlaymanToskes offers legal services on a contingency fee basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you. KlaymanToskes also has the experience and resources to prosecute your claim. The firm has recovered over $250 million for investors in FINRA arbitration cases alone.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

Contact

KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com