Investor Alleges Jennifer Ritorto Made a Misrepresentation

Jennifer Ritorto (CRD #: 5019869), a broker registered with Truist Investment Services, was recently the subject of an investor dispute, according to her BrokerCheck record, accessed on January 3, 2023. Investors may have also engaged her services through Truist Advisory Services. If you want to know more about her alleged conduct as a broker, read on.

Investor Dispute

On October 24, 2022, an investor alleged that Jennifer Ritorto misrepresented the client’s ownership in an account. The client sought $50,000 in damages but the firm denied the dispute.

Investors should know, however, that firms don’t need to permit an outside review to deny a dispute. Investors may be able to recoup their losses by seeking out FINRA arbitration after a denial.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent tactics to influence the purchase and sale of securities. Misrepresenting an investment’s limitations, requirements, risks, or other relevant information violates this rule.

Background Information

Jennifer Ritorto has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination

Jennifer Ritorto is a registered broker in 15 states and the District of Columbia. She is also a registered investment adviser in Georgia, Louisiana, and Texas.

She has also worked for SunTrust Investment Services (CRD#:17499) and Ameriprise Financial Services (CRD#:6363).

Kurta Law Can Help

If you worked with Jennifer Ritorto and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.