Richard “Chuck” Riggenbach Investigation
April 2022- Bloomfield, IA
According to publicly available records Richard “Chuck” Riggenbach, a broker previously registered with Woodbury Financial Services, Inc. discloses a pending customer dispute.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In 9/2020, FINRA case #20-03338 was filed by a customer of Woodbury Financial Services alleging that Riggenbach made recommendations that did not meet the client’s needs and caused losses of $262,000. The case is still pending.
Riggenbach was employed with Woodbury Financial Services, Inc., from March of 2019 until November of 2021. Before that time he was with Questar Asset Management.
If you have questions about an investment account with Richard “Chuck” Riggenbach, call to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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