Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Merola (Merola), currently associated with the Huntington Investment Company, has at least one disclosable event. These events include one customer complaint, alleging that Merola recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $34,178.00 on April 05, 2023.
Client alleges that the tax consequences of surrendering her variable annuity to fund a managed account were misrepresented and that the product exchange was unsuitable. Alleged activity date was for 3/20/2020.