NEW YORK--(BUSINESS WIRE)--Zamansky LLC is investigating former Merrill Lynch broker Ryan Raskin of Beverly Hills, CA. In March 2020, Mr. Raskin was fired by Merrill Lynch for reported business practices that were “inconsistent with Firm standards, including inappropriate investment recommendations,” according to a regulatory disclosure notice. Recently, the Financial Industry Regulatory Authority (FINRA) barred Mr. Raskin for his failure to cooperate with the investigation of his dismissal.
According to his FINRA BrokerCheck record, Mr. Raskin was accused by one of his customers of unauthorized trading and churning of mutual funds and money-market funds. The trading of mutual funds which are long-term hold investments is highly suspect and possible evidence of misconduct, says Investment Fraud Attorney Jake Zamansky. Any customer of Mr. Raskin, or any investor who sees frequent trading of mutual funds in his or her account, should be concerned, he says.
What Investors Can Do
If you were a customer of Mr. Raskin, or your financial advisor has traded mutual funds in your account, you should contact the law firm for a free evaluation. The law firm will review your accounts and advise you of your legal rights, without obligation or cost to you. To set up an evaluation, email Jake Zamansky at email@example.com or call the law firm at (212) 742-1414.
About Zamansky LLC
Zamansky LLC is one of the leading law firms with a practice focused on investment fraud and financial services arbitration and class action litigation. We represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.
To learn more about Zamansky, please visit our website, www.zamansky.com.