Ryan Wroblewski (CRD#: 6158332), a registered representative with Morgan Stanley (CRD#: 149777) in Garden City, New York, is currently involved in three investor disputes, according to his BrokerCheck record accessed on June 30, 2020. What happened to lead to these disputes? Read on to learn more.
Ryan Wroblewski’s troubles began on March 9, 2020, when a customer alleged that he recommended unsuitable investments, breached his contract, and breached his fiduciary duty. The customer is seeking $126,152 in damages; the dispute is pending.
One month later, on April 8, 2020, a second customer filed a complaint against Ryan Wroblewski. They alleged that their broker misrepresented options investments in a managed account. The activity in question occurred from April 2018 to April 2020. The dispute is pending.
One month after that, on May 8, 2020, a third customer filed a complaint against Ryan Wroblewski, alleging that he recommended unsuitable investments and engaged in the unauthorized use of margin. The activity in question occurred from 2014 to 2016. This customer is seeking nearly $1 million in damages—$985,000 to be exact. The dispute is pending. As we have written before, using margin can be risky for investors. When investors borrow funds from their brokers and put their securities up as collateral, they are still on the hook for the borrowed money (plus interest) even if their investments don’t pan out. If a broker uses margin with customer authorization, that would constitute a breach of fiduciary duty.
Ryan Wroblewski has passed the Series 66 – Uniform Combined State Law Examination, the Series 63 – Uniform Securities Agent State Law Examination, the SIE – Securities Industry Essentials Examination, and the Series 7 – General Securities Representative Examination. He is registered to sell securities in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Texas, Utah, Vermont, the Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. He is a Registered Investment Adviser (RIA) in Connecticut and Texas.
Ryan Wroblewski has worked in the securities industry for seven years. Over that time, he has not only worked for Morgan Stanley (CRD#: 149777) in Garden City, New York, but also for Aegis Capital Corp. (CRD#: 15007) and Craig Scott Capital LLC (CRD#: 155924). On September 7, 2017, the Financial Industry Regulatory Authority (FINRA) expelled Craig Scott Capital.
If Ryan Wroblewski was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta to learn more about your options for investment loss recovery. Call (877) 238-4175 or email firstname.lastname@example.org for your free case consultation with a securities attorney.