Investors have reportedly disputed the sales practices of securities broker Ronald Albert Gelok Jr. (also known as Ron Gelok) [CRD: 1403352, Naples, Florida], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Gelok worked for Ronald Gelok Associates LLC from November 17, 2017, to the present, and AAG Capital Inc. from July 8, 2021, to the present. See the following information to discover more about the disclosures involving Gelok.
Particularly, a client filed a complaint about Gelok. Primarily, the client alleged that Gelok failed to properly explain an indexed life insurance policy issued through Minnesota Life. For this reason, the client allegedly incurred damages on life insurance products. Therefore, on May 23, 2024, Ronald Gelok Associates settled this matter by paying the client $50,000.
Evidently, a client of Ronald Gelok Associates LLC disputed Gelok’s sales practices by filing Civil Action No. SOM-L-1641-21 on December 17, 2021. Allegedly, Gelok recommended a deferred annuity and life insurance policy that were unsuitable considering the client’s financial condition and investment knowledge, while also allegedly failing to disclose the risks associated with those products. It appears that Gelok allegedly caused the client to experience damages on those products. As a result, the client seeks compensation from Ronald Gelok Associates LLC or Gelok in the amount of $100,000 in this ongoing matter.
Did you suffer any investment-related losses because of Ronald Gelok? You can contact Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of individuals throughout the United States. Also, our securities lawyers represent investors on a contingency fee basis and advance all costs. Gelok and brokerage firms Gelok worked for deny allegations of sales practice violations.
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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