Category Archives: Mercer Capital Ltd

Andrew P. Murino-Alexander Capital Broker-Discloses Customer Dispute

January 2017- New York

According to publicly available records Andrew P. Murino , (CRD# 4162699) ,  a  stockbroker who is currently employed by Alexander Capital disclose a currently pending customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 16-2665, a customer of Alexander Capital alleges damages of $38,084 for breach of fiduciary duty, unsuitable investments and unauthorized trades.

Murino has been employed by Alexander Capital since 9/2012.  He was previously employed by Legend Securities, Mercer Capital and J.P. Turner & Co.

If you have questions about an account in an account handled by Andrew P. Murino, contact us to discuss your legal options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Jason Harris Klabal Investigation-Legend Securities Broker

FINRA records report that Jason Harris Klabal, who has been registered with Legend Securities since 8/2011, is named in a currently pending arbitration  (FINRA Case 15-484) by a customer who alleges the Klabal misappropriated funds, churned his account, breached his fiduciary duty and was negligent. The customer alleges damages of $134,500.

Jason Klabal has been named in six other customer disputes that have been resolved, including:

  • An 11/17/2015 settlement of $50,000 paid to a client who alleged losses on an equity transaction
  • A 2/12/2015 settlement of $20,000 on a verbal complaint regarding misunderstanding related to a margin account.
  • FINRA arbitration 13-3577 alleging churning, excessive commissions charged, unsuitable recommendations, negligence and failure to supervise. Settled for $6,599.
  • FINRA arbitration 14-132 alleging churning, breach of fiduciary duty, misrepresentation of the facts of the securities bought and sold from the account, negligence and breach of contract. Settled for $85,000.
  • FINRA arbitration 13-3347 , a Michigan resident who alleged churning, misrepresentation, breach of fiduciary duty, failure to supervise, negligence and breach of contract. Settled for $50,000.
  • FINRA arbitration 14-1705 alleging negligence, churning, breach of fiduciary duty, misrepresentations, omission of facts and suitability. Arbitration panel found Klabal jointly and severally liable for damages of $39,488 plus interest.

Prior to joining Legend Securities, Klabal was registered with Mercer Capital Ltd. 

We are investigating Legend Securities broker Jason Klabal and would like to speak with any of his present or prior customers who may have information they believe to be helpful to this investigation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870