Ryan Owen Tarjanyi of Kettering Ohio a stockbroker formerly employed by Bankers Life Securities Inc. has been identified in a customer initiated investment related complaint which has been resolved on September 13, 2019 for $32,500.00 in damages founded on accusations that (1) the customer’s funds were misappropriated and (2) the customer’s signature had been forged on documentation to fraudulently effect an insurance policy purchase when Tarjanyi was employed by Bankers Life Securities and Bankers Life Casualty Company.
Financial Industry Regulatory Authority (FINRA) Public Disclosure indicates that Tarjanyi is the subject of four more customer initiated investment related disputes pertaining to allegations of his bad business practices during the period in which the stockbroker was employed by securities broker dealers including Bankers Life Securities and Bankers Life Casualty Company. Specifically, on February 20, 2018, a customer initiated investment related complaint pertaining to Tarjanyi’s conduct was settled for $120,000.00 in damages supported by allegations that when Tarjanyi was employed by Bankers Life, forged customer signatures were placed on documentation pertaining to the surrender of the customer’s fixed annuity.
Another customer filed an investment related complaint concerning Tarjanyi’s activities on June 25, 2018 where the customer sought $9,900.00 in damages founded on accusations that when Tarjanyi was employed by Bankers Life Securities, premium payment obligations were not properly disclosed to the customer for an insurance policy Tarjanyi sold. The stockbroker is also referenced in a customer initiated investment related complaint which has been settled on January 29, 2019 for $141,275.75 in damages supported by allegations that misleading statements were made by the stockbroker pertaining to the advantages and negative implications of purchasing fixed annuities and long term care policies, and products sold to the customer failed to be suitable given their long maturities and the large portion of the customer’s net worth which had been allocated in the products.
Another customer filed an investment related complaint involving Tarjanyi’s conduct on February 18, 2019 in which the customer requested $20,000.00 in damages based upon allegations that when Tarjanyi was associated with Bankers Life Securities, equity indexed annuity documentation handled by the stockbroker contained unauthorized alterations or forged customer signatures, and the products were not suitable as they ran contrary to the customer’s investment goals. Bankers Life discharged Tarjanyi on March 30, 2018 based upon accusations that he made false statements or omissions in regard to his activities when investigated by the securities broker dealer for misconduct.
