Israels & Neuman, PLC Investigates Ryan Raskin, Formerly of Merrill Lynch
Have you lost money with financial advisor Ryan A. Raskin (CRD# 5539610), formerly of Merrill Lynch, in Beverly Hills, California? We are investigating allegations of former customers related to Advisor Ryan Raskin. Raskin’s BrokerCheck report, a public record maintained by FINRA, states that he was fired by Merrill Lynch in 2020 for inappropriate investment recommendations. He has also been the subject of a customer complaint, alleging unauthorized trading and churning (or excessive trading).
Ryan Raskin was a registered representative of Merrill Lynch from May 2016 to March 2020. He worked in offices in Beverly Hills, California. Raskin was also affiliated with Bank of America.
Brokerage firms like Merrill Lynch have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in California. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Merrill Lynch.