Investors potentially experienced sales practice violations due to securities broker Ralph Vallega Ganchero [CRD: 2601660, Westminster, California], based on public information on FINRA BrokerCheck. Evidently, Ganchero has worked for Citigroup Global Markets Inc. in West Hollywood, California, since January 13, 2016, working in the firm’s CWM Retail Sales division. Read below to learn more about the disclosures involving Ganchero.
Particularly, on December 24, 2024, a Citigroup Global Markets Inc. client filed FINRA Arbitration No. 24-02693 about Ralph Ganchero. Primarily, the client alleged that Ganchero made unsuitable recommendations, resulting in damages linked to managed accounts. Therefore, the client requested $100,000 in compensation from Citigroup Global Markets Inc. or Ganchero. This arbitration is pending a resolution.
Specifically, a client of Wachovia Securities LLC contested Ralph Ganchero’s sales practices, according to a complaint. Allegedly, Ganchero made misrepresentations about investment liquidations. Supposedly, Ganchero caused the client to sustain damages on auction rate securities. As a result, Wachovia Securities LLC opted to settle the matter on August 15, 2008, by compensating the client in the amount of $100,000.
Are you concerned regarding investments you made with Ralph Ganchero? If so, contact Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer regarding recovering your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the United States. The firm also takes cases through a contingency fee arrangement and advances all costs. Ganchero and brokerage firms Ganchero worked for deny accusations referenced in public disclosures.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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