Merrill Lynch

Broker Maurice Kelley in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maurice Kelley (Kelley), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Kelley recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on September 26, 2022.

The customers allege an unsuitable investment strategy, omission of materials facts and that the Financial Advisor was not acting in their best interest from August of 2020 until January of 2021.

There are Recent Customer Complaints with Broker Edward Rakosky in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Rakosky (Rakosky), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Rakosky recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on September 22, 2022.

Customer alleges unsuitable investment recommendations from December 2020 through April 2022.

There are Recent Customer Complaints with Broker Christopher Magee in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Magee (Magee), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Magee recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on October 02, 2022.

The customer alleges unsuitable investment recommendations and misrepresentations from December 2020 through October 2022.

There are Recent Customer Complaints with Broker Maria Johnson in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maria Johnson (Johnson), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Johnson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on September 19, 2022.

The customers allege that the registered representative did not take their best interests into consideration when a loan was taken against their Chevron stock in July 2020.

There are Recent Customer Complaints with Broker Paul Murray in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Murray (Murray), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Murray recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $4,000,000.00 on June 06, 2025.

Client alleges, inter alia, that he was taken advantage of by how his account was managed 2008-2009

Broker Yitzchak Prag in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

August 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yitzchak Prag (Prag), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Prag recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on June 24, 2025.

Client alleges investment recommendations were not in their best interest and misrepresentation

There are Recent Customer Complaints with Broker Lawrence Cagliostro in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Cagliostro (Cagliostro), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Cagliostro recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $500,000.00 on June 26, 2025.

Client alleges unsuitability and misrepresentation.

There are Recent Customer Complaints with Broker Randy Schild in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Randy Schild (Schild), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Schild recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on December 11, 2023.

Customer alleges that the registered representative did not act in the customers best interest regarding excessive commisions charged from July 2022-June 2023.

There are Recent Customer Complaints with Broker Stephen Melz in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Melz (Melz), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Melz recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on February 11, 2025.

Client alleges misrepresentation in July 2019.

There are Recent Customer Complaints with Broker William King in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William King (King), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that King recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on March 24, 2025.

Client alleges unsuitability and misrepresentation.