Ryan Owen Tarjanyi of Kettering Ohio a stockbroker formerly registered with Bankers Life Securities has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he did not provide information to FINRA during the period that he was investigated for forgery and for falsifying documents relating to annuity and insurance policies. Letter of Acceptance Waiver and Consent No. 2019061943301 (Mar. 5, 2021).
According to the AWC, FINRA’s investigation into Tarjanyi stemmed from Bankers Life Securities’ disclosure of his termination. The securities broker dealer indicated to FINRA on April 27, 2018 that Tarjanyi was discharged based on accusations of his failure to be honest while under an internal probe. BLS also relayed that he is the subject of customer complaints which allege forgery and also allege falsification of both annuity and insurance documents.
In addition as part of the AWC, Tarjanyi agreed that he:
“may not take any action or make or permit to be made any
public statement, including in regulatory filings or otherwise, denying,
directly or indirectly, any finding in this AWC or create the impression
that the AWC is without factual basis.”
As part of the 2019 investigation, FINRA called upon Tarjanyi to provide recorded testimony in response to the allegations referenced by Bankers Life Securities. On February 20, 2020, FINRA received false information from him while he was under oath. The regulator points to an inaccurate statement that he made regarding the execution of an annuity withdrawal form by a customer. FINRA determined that Tarjanyi’s false information constituted the violation of FINRA Rules 2010 and 8210.
FINRA Public Disclosure confirms that Tarjanyi has been referenced in six customer initiated investment related disputes concerning accusations of his improper conduct while employed by Bankers Life Securities. On February 20, 2018, a customer initiated investment related complaint regarding Tarjanyi’s conduct was settled for $120,000.00 in damages founded on allegations that the customer’s signature had been forged by Tarjanyi on an annuity surrender form during the period that he was associated with Bankers Life and Casualty Company.
Tarjanyi is also the subject of a customer initiated investment related written complaint on June 11, 2018 in which the customer requested $9,900.00 in damages based upon accusations that they were provided with false information from him in regard to the terms of a Bankers Life and Casualty insurance policy. The complaint alleges that the customer had been led to believe on two occasions that there would be no more premiums due because the policy was paid up.
On January 28, 2019, another customer filed an investment related complaint involving Tarjanyi’s conduct where they sought $20,000.00 in damages supported by allegations of forgery with respect to a Premium Bonus Annuity (PBIA). According to the complaint, Bankers Life and Casualty Company set up an equity indexed annuity without their authorization. The complaint alleges forgery by the stockbroker.
Tarjanyi is additionally the subject of a customer initiated investment related written complaint which was resolved for $141,275.00 on January 29, 2019 founded on accusations that Tarjanyi placed them in unsuitable investments given the long surrender penalties on those products. The complaint alleges misrepresentation by the stockbroker with regard to the benefits and drawbacks of an annuity. On September 3, 2020, another customer initiated investment related complaint concerning Tarjanyi’s conduct was settled to resolve allegations of forgery by the stockbroker as it pertained to a Limited Convalescent Care Policy.
Tarjanyi was registered with Bankers Life Securities between May 26, 2016 and April 27, 2018. Between April 24, 2018 and November 17, 2020, he was registered with Trustmont Financial Group Inc.
