National investment loss lawyers KlaymanToskes is investigating broker Rodney Ferruso (CRD# 1457661) of Royal Alliance Associates, Inc., who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to appear for on the record testimony in connection with the regulator’s investigation concerning his departure from Osaic Wealth, Inc. (Royal Alliance Associates) after the firm’s Form U5 filing stated that it had permitted him to resign after identifying short-term trading of certain mutual funds in his customer accounts.
According to FINRA BrokerCheck, Rodney Michael Ferruso was previously registered as a broker/advisor with Royal Alliance Associates from 2018 to 2022, and with Signator Investors from 1986 to 2018 in Morgantown, WV.
Investors that suffered losses with broker Rodney Ferruso are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigation of broker Rodney Ferruso:
If you suffered losses with broker Rodney Ferruso at Royal Alliance Associates, Inc., contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorney’s fees and costs.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Rodney Ferruso. These signs could potentially indicate misrepresentation, omission, negligence, or misconduct. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to FINRA, brokerage firms such as Royal Alliance Associates, Inc. are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Rodney Ferruso, or have concerns regarding your investment portfolio at Royal Alliance Associates and/or any other brokerage firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.