UPDATE SEPTEMBER 2017-FINRA Case 17-613 filed by a customer of Merrill Lynch alleges unsuitable investments and misrepresentations related to option investments and seeks damages of $1M.
ORIGINAL POST –April 2017- Tampa, FL
The FINRA records of Robert E. Yahney , a stockbroker who is currently employed by Merrill Lynch disclose 3 pending customer disputes and one prior final 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 arbitration 17-0599 a customer of Merrill Lynch alleges damages of $1,000,000 for unsuitable investment recommendations and misrepresentations from March 2011-July 2014.
In FINRA arbitration 17-0500 a customer of Merrill Lynch alleges damages of $300,000 for unsuitable investment recommendations and misrepresentations from August 2012-July 2014.
In FINRA arbitration 16-01726 a customer of Merrill Lynch alleges damages of $500,000 for unsuitable investment recommendations , misrepresentations and omission of material facts from Feb 2011-November 2014.
Robert E. Yahney has been employed by Merrill Lynch since 11/1999.
If you have questions about an account handled by Robert E. Yahney, call for a no charge consultation.
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.
Florida-561 391 1900