Category Archives: Merrill Lynch

Jeffrey Slothower-Former Private Client Services Broker-Discloses Regulatory Event and a Settled Customer Dispute-New York, NY

November 2020- New York, NY

According to publicly available records, former Private Client Services financial advisor Jeffrey Slothower,  was suspended  from the securities industry by FINRA.

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 November 2017, FINRA case #2016049080901  was filed against Slothower. Without admitting or denying the findings, Slothower consented to sanctions and to the entry of findings  that a customer of his former member firm lost money from options trading in his brokerage account while Slothower was his broker of record.   The findings stated that while associated with his next member firm, Slothower wired $355,000 to the customer’s bank account to offset the customer’s trading losses.     At the time of the wire, the customer was not a customer of Slothower.    He did not obtain prior written authorization from the prior firm, his firm or the customer.    Nor had Slothower or his employing member firms financially contributed to the customer’s brokerage account prior to the wire.   Thus, Slothower improperly shared in the customer’s losses.    Sanctions ordered were a 15 day suspension beginning 11/20/2017 and a $5,000 fine.

In  FINRA case #18-02341 a Merrill Lynch, Pierce, Fenner & Smith customer alleged unauthorized trading, theft, forgery, unsuitable investment recommendations and misrepresentation from August 2012 until December 2015.   That  case settled for $35,000.

Slothower was been employed by Private Client Services since 1/2016-6/2016.  He is not currently registered with any broker dealer.  Earlier in his career he was with Merrill Lynch, Pierce, Fenner & Smith, Northwester Mutual Investment Services, Assent,  and Goldman Sachs.  

If you have losses in an account handled by Jeffrey Slothower, call to learn how you may be able to recover damages through FINRA arbitration.

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

Charles Teixeira-UBS Financial Broker-Discloses Settled Customer Disputes and Pending Customer Disputes-New York, NY

November 2020- New York, NY

According to publicly available records,    UBS Financial Services, Inc.  financial advisor Charles S. Teixeira,  discloses 2 settled customer disputes and two pending customer disputes.

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 August of 2019, FINRA case #19-02009 alleged unsuitability, misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.   The alleged damages are $800,000 and the case is still pending.

In July of 2019, FINRA case #19-01633 also alleged unsuitability, misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.     The alleged damages are $770,000 and the case is still pending.

Teixeira  has been employed with UBS Financial Services, Inc. since July of 2016.   Before that time he was employed with Merrill Lynch, Pierce, Fenner & Smith.  

If you have losses in an account handled by Charles Teixeira, call to learn how you may be able to recover damages through FINRA arbitration.

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

Jacquin P. Fink-Former Merrill Lynch Broker-Discloses almost $3.9M in Settlements and a Pending Customer Dispute-New York

June 2020-New York

According to publicly available records.  Jacquin P. Fink (CRD#207807), a  stockbroker who last worked for Merrill Lynch,  discloses 10 prior customer disputes and 1 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.

From July of 1994 until December of 2019, 10 customers of Merrill, Lynch, , filed customer disputes alleging that Fink made unsuitable investment recommendations,  and other wrongdoing, including omission of material facts, misrepresentation, excessive trading, aggressive trading, unauthorized trading and churning.    These cases were settled for a cumulative amount of about $3.9 million.

In February of 2020 FINRA case #20-00416 was filed by a Merrill Lynch customer alleging unsuitable investment recommendations by Fink and seeks damages of $43,434.   This case is still pending.

Fink was employed by Merrill Lynch, Pierce, Fenner & Smith, Inc. from March of 1968 until January of 2020. He is not currently registered with any FINRA broker dealer.

If you had an account with Jacquin P. Fink  that suffered losses, you may be entitled to collect damages from his prior employer. Call to discuss your 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

Daniel Rebmann-UBS Broker-Discloses Customer Disputes-San Antonio, TX

June 2020- San Antonio, TX

The FINRA records of Daniel Rebmann, a broker currently employed  by UBS Financial Servicesdisclose two customer disputes.

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 March of 2016 FINRA case 16-00648 was filed by a customer  UBS Financial Services  alleging that structured products were purchased in their accounts without authorization.     This case settled for $25,000.

In February 2014 a customer of  Merrill Lynch, Rebmann’s previous employer, filed FINRA case 14-00517 alleging unsuitable investment recommendations and misrepresentation and omission of material facts.   The case settled for $35,000.

Rebmann has been employed with UBS Financial Services since March of 2011.   Before that time he was with Merrill Lynch, Pierce, Fenner & Smith. If you have questions about an account  handled by Daniel Rebmann ,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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Sofia T. Gonzalez-Former Merrill LynchBroker- Discloses 2 Regulatory Events and Termination-Houston, TX

April 2020-Houston, TX

According to publicly available records.  Sofia T. Gonzalez (CRD#6243469), a  former stockbroker who last worked for Merrill Lynch, Pierce, Fenner & Smith Incorporated discloses 2 regulatory events,  and a termination from employment.

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 March 2020 FINRA suspended Gonzalez for two months and fined her $5,000 after findings that she shared in losses incurred by two member firm customers, without the firm’s prior knowledge or approval . In October 2019 FINRA suspended Gonzalez for a month after failing to respond to FINRA request for information.

Gonzalez was employed by Merrill Lynch from July 2014 until she was discharged in 2/2019 as a result of allegations of conduct including failure to adhere to Firm standards related to client complaints and business communications.    Before that time she had been employed with Coastal Securities

If you have questions about an account handled by  Sofia T. Gonzalez that suffered losses, call to discuss your 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