Attorney Profile

Ryan P. Friel

Associate
Ryan F

Areas of Practice

Securities and Investments Professional Liability
Real Estate E&O Liability

Contact Info

(215) 575-2758
rpfriel@mdwcg.com

As a member of the Securities & Investments Professional Liability Practice Group, Ryan represents FINRA member firms, registered representatives and registered investment advisors in state and federal court, in Financial Industry Regulatory Authority (FINRA) arbitration proceedings and in a wide range of investigations. 

Prior to joining the firm, Ryan was an Assistant District Attorney in the Economic Crimes Unit of the Philadelphia District Attorney’s Office. In his role as a prosecutor, Ryan gained significant trial experience with a particular focus on white-collar crime. Ryan also worked at FINRA where he assisted in bringing enforcement actions against broker-dealers and their registered representatives. Ryan’s time at FINRA gives him a unique insight into the regulatory landscape his clients face. Ryan began his legal career at a boutique litigation firm where he represented professional athletes in investment fraud cases where he helped recover millions of dollars in losses. 

Ryan is a 2008 graduate of Fairfield University where he earned a Bachelor of Arts and a 2012 graduate of Syracuse University College of Law where he graduated cum laude.
 

 

 

 

 

 

$200,000 FINRA case dismissed.

Securities and Investments Professional Liability

We obtained dismissal of a Financial Industry Regulatory Authority (FINRA) case in which the claimant was seeking in excess of $200,000 in damages. The dismissal was based upon FINRA’s rule setting forth a six-year eligibility period in which a claim may be arbitrated. The claimant made the investments at issue in 2015 but did not file his Statement of Claim until 2022. Claimant’s counsel argued that the “trigger date” for eligibility was in 2018, which is the date the claimant learned of an alleged Ponzi scheme involving the investments.

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Brokers-dealer’s motion to dismiss expungement granted based on six-year rule for industry disputes.

Philadelphia - Headquarters
Securities and Investments Professional Liability
In an expungement case brought by a registered representative against his former broker-dealer, the respondent broker-dealer's Pre-Hearing Motion to Dismiss pursuant to FINRA Rule 13206 (Six-year Eligibility Rule for Industry Disputes) was granted Case Law Alerts, 1st Quarter, January 2023 is prepared by Marshall Dennehey to provide information on recent developments of interest to our readers.
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Investors awarded compensatory damages and punitive damages pursuant to California Code, Civil Code - CIV §3294.

Philadelphia - Headquarters
Securities and Investments Professional Liability
A group of senior investors alleged causes of action, including elder abuse and unsuitability, with respect to purchases of non-traded real estate investment trusts, Moody’s National REIT II and mutual funds, including the Apollo Institutional Inc Case Law Alerts, 1st Quarter, January 2023 is prepared by Marshall Dennehey to provide information on recent developments of interest to our readers.
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Published Works

"FINRA, the SEC and Congress Aim to Safeguard Senior Investors," The Legal Intelligencer, Co-Author, May 12, 2022

"The Sale of High Commission Products Under Regulation Best Interest", Aon Advisor Solutions, Fall 2020 Newsletter

Admissions
Pennsylvania
2013
Education
Syracuse University College of Law (J.D., cum laude, 2012)
Fairfield University (B.A., 2008)
Year joined
2020