Gregory William Ricker Lawsuit & Complaints | Vanderbilt Securities
Vanderbilt Securities reportedly fired Gregory William Ricker (CRD#: 2545035) on October 12, 2026, after multiple customers allegedly reported about 365 unauthorized trades.
The White Law Group is investigating Gregory Ricker complaints and potential lawsuit claims on behalf of investors who worked with the Malvern, Pennsylvania advisor. Here is what’s on his record and what your options may be. Investors with losses may be able to recover money through FINRA arbitration.
Why Vanderbilt Securities Fired Gregory Ricker
According to BrokerCheck, multiple customers alleged that Gregory William Ricker (Gregory William Rickey) executed about 365 unauthorized trades, failed to report customer complaints, and falsified business records. The report says this resulted in losses and commission refunds of more than $192,600. It also alleges that Ricker breached his independent contractor agreement by failing to cover trade corrections, complaint settlements, and related restitution.
Gregory Ricker Complaints on BrokerCheck
Ricker’s BrokerCheck report lists seven disclosures. Besides the employment separation, it shows six customer disputes. All of these are customer allegations, and the two pending complaints have not been resolved.
- August 26, 2026 (pending): A client alleges excessive trading without authorization.
- August 14, 2026 (pending): A client alleges unauthorized trading in June and July 2026.
- April 2, 2013 (denied): A customer alleged churning in accounts open from December 2008 to July 2009.
- June 9, 2012 (settled for $20,000): Former customers were concerned their account may have been excessively traded. Ricker responded that he stayed in constant contact with them and that their stated objective was trading and speculation.
- December 1, 2008 (settled for $4,663.55): Customers alleged that their former broker made transactions without their knowledge.
- October 16, 2007 (denied): A Pennsylvania client alleged excessive trading for commissions, speculative stocks in her retirement accounts, and altered investment objectives. The firm said its review could not conclude that excessive trading occurred.
Ricker’s Employment History
BrokerCheck shows Ricker has 30 years of experience across 12 firms. He was registered with Vanderbilt Securities from 2025 to 2026, Equitable Advisors from 2023 to 2025, and Independent Financial Group from 2014 to 2023. He now has no FINRA registrations.
What to Do If You Invested With Ricker
Check your account statements and trade confirmations for trades you did not approve. Look for frequent buying and selling and for high commissions. Save your emails, texts, and notes from conversations with him. For more steps, read What to Do If Your Financial Advisor Was Barred or Fired.
Contact The White Law Group
The White Law Group, national securities fraud attorneys with offices in Chicago and Seattle, is looking into potential claims involving Gregory William Ricker. Our FINRA arbitration attorneys can review your account in a free consultation. Call (888) 637-5510 or contact us online.
Frequently Asked Questions
Most investors file through FINRA arbitration rather than in court. Most brokerage account agreements typically include a pre-dispute arbitration clause, which many retail investors don’t know exists. Arbitration can still result in a monetary recovery.
