Ridgeway & Conger, Inc.—Selling Interest-only Unregistered Securities with False Representations

investment fraud attorney ClevelandRidgeway & Conger, Inc. Allegedly Induced Five Customers to Purchase the Interest-only Unregistered Security with Purportedly False and Fraudulent Representations

Ridgeway & Conger, Inc., a New York City brokerage, allegedly induced five customers to purchase an interest-only and unregistered security with purportedly false and fraudulent representations, according to a recent FINRA Complaint currently under review by attorneys Joe Peiffer and Alan Rosca.

Ridgeway & Conger, Inc. also allegedly sent false and fraudulent emails containing similar misrepresentations and omissions to more than approximately 115 additional customers and prospects, the Complaint also reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating Ridgeway & Conger, Inc. and its alleged sale of unregistered securities.

Ridgeway & Conger, Inc. Allegedly Charged Excessive Markups of 14-33%, Facing FINRA Sanctions and Disgorgement of any Ill-gotten Gains

Ridgeway & Conger, Inc., a New York City brokerage, allegedly charged excessive markups of 14-33% on the five customers’ unregistered securities transactions, and marketed and sold the unregistered securities through general solicitation without an exemption, according to a recent FINRA Complaint currently under review by attorneys Joe Peiffer and Alan Rosca.

What is more, the Complaint goes on to allege that Ridgeway & Conger, Inc. also marketed and sold the unregistered securities through general solicitation without an exemption.

Based on the aforementioned behavior, Ridgeway & Conger, Inc. allegedly violated FINRA Rules, and, hence, is facing monetary sanctions, possible disgorgement, and the costs of proceedings, the Complaint notes. One should also note that, according to the AWC, Ridgeway & Conger, Inc. neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of the alleged sale of unregistered securities. They are currently investigating Ridgeway & Conger, Inc.’s alleged sale of unregistered securities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Ridgeway & Conger, Inc.’s alleged sale of unregistered securities may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1225 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.