Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Franco Dimaio (Dimaio), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Dimaio 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 $100,000.00 on August 09, 2023.
Time frame: October 2021\, Allegations: Failure to inform the Plaintiff about the lack of eligibility for rollovers when withdrawing funds from inherited IRA.