RONALD MICHAEL REILLY

RONALD MICHAEL REILLY is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 6480 HIGHWAY 224, PARK CITY, UT, 84098.

RONALD MICHAEL REILLY has worked at WELLS FARGO CLEARING SERVICES, LLC since January 03, 2011

Disclosure History

RONALD MICHAEL REILLY has 2 Disclosure Event(s).

Date: December 28, 2009
Category: Customer Dispute
Allegations: CLAIMANTS ALLEGE, INTER ALIA, THAT FROM 2006 THROUGH 2009 THE FINANCIAL ADVISOR MADE UNSUITABLE INVESTMENTS IN THEIR ACCOUNTS.
Damage Amount Requested: $3,500,000.00
Settlement Amount: $100,000.00
Broker Comment: IN ORDER TO AVOID THE COST AND UNCERTAINTY OF LITIGATION, MORGAN STANLEY & CO., INC. AGREED TO PAY CLAIMANTS $100,000.00 IN FULL AND FINAL SETTLEMENT OF ANY ALL CLAIMS ASSERTED IN THIS ACTION.

Date: June 22, 2002
Category: Customer Dispute
Allegations: CUSTOMER ALLEGED FAILURE TO FOLLOW INSTRUCTIONS CAUSED UNSUITABLE INVESTMENTS TO BE PURCHASED FOR CUSTOMER'S ACCOUNT AND EXCESSIVE TRADING RESULTED.
Damage Amount Requested: $1,000,000.00
Settlement Amount: $9,000.00

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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