- January 13, 2019
- MML Investors Services
The Wolper Law Firm is currently investigating claims against Patrick Rynn, a Financial Adviser at MML Investors Services in Latham, NY. Patrick Rynn has been in the securities industry since 2008 and previously worked at Equity Services.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on October 29, 2018, Patrick Rynn became the subject of a customer complaint in which was alleged that “The Power of Attorney for the customer alleged that the registered representative exploited the owner’s diminished [REDACTED] capacity to solicit the sale of securities in March of 2018.” Alleged damages are $459,000 and the matter remains pending.
In addition, Patrick Rynn has two financial disclosures on his CRD, including a $32,000 tax lien. Sometimes, financial disclosures may be an indication of financial irresponsibility on the part of the Financial Advisor.
For a full copy of Patrick Rynn’s CRD, click https://brokercheck.finra.org/individual/summary/5515919#disclosuresSection
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
The Wolper Law Firm is interested in speaking with clients of Patrick Rynn as part of its investigation. We can be reached at 800.931.8452 or by email at mwolper@wolperlawfirm.com. The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.
Attorney Matthew Wolper
Matt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]