Loanna R. Dehn Ristvedt (Lonna Rae Dehn Ristvedt) – Financial Advisor/Broker Lonna Rae Dehn Ristvedt Suspended from Securities Industry

Loanna R. Dehn Ristvedt (Lonna Rae Dehn Ristvedt) – Financial Advisor/Broker Lonna Rae Dehn Ristvedt Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses

Lonna Rae Dehn Ristvedt CRD #2277778

Lonna Rae Dehn Ristvedt was a previously licensed financial advisor with LPL Financial LLC and National Planning Corporation. According to FINRA, Lonna Rae Dehn Ristvedt was suspended from the securities industry for four months and fined $5,000 in October 2020.

According to FINRA Allegations:

Dehn Ristvedt consented to the sanctions and to the entry of findings that she engaged in undisclosed and unapproved private securities transactions in the total amount of $163,320. The findings stated that Dehn Ristvedt solicited investors to purchase securities in a company. The company represented itself as a structured cash flow investment, claiming to purchase pensions at a discount from pensioners and then selling a portion of those pensions as a pension stream to investors. Dehn Ristvedt received at least $5,457.66 in commissions in connection with these transactions. Dehn Ristvedt also incorrectly attested on an annual compliance questionnaire that she did not participate in private securities transactions. Later, the company ceased business, owing nearly $300 million in unpaid investor payments. In a March 12, 2019 indictment, the United States charged the company and its owner with conspiracy to engage in mail and wire fraud related to the company’s operations.

Goodman & Nekvasil P.A. May Recover Investor Losses

If you lost money on investments with Lonna Rae Dehn Ristvedt and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Lonna Rae Dehn Ristvedt’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $200 million on behalf of victimized investors. If you lost money on investments with Lonna Rae Dehn Ristvedt and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

Some of the information in this blog post was obtained on 10/14/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

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