The securities attorneys at Gana Weinstein LLP are currently investigating previously registered broker Edward Mirabella (Mirabella). According to BrokerCheck records kept by the Financial Industry Regulatory Authority (FINRA), Mirabella has been subject to 5 customer disputes, 2 of which are still pending. Mirabella has also been subject to two tax liens. The majority of these disputes involve unsuitable investment recommendations, unauthorized trading, and breach of fiduciary duty.
Most recently, in November 2017, a customer alleged that Mirabella churned the customer account and engaged in unsuitable investment transactions. The customer has requested $879,584 in damages. This dispute is currently still pending.
In January 2014, a customer alleged that Mirabella was executing unauthorized trades in the customer account. The customer has requested $40,000 in damages. This complaint is currently still pending.
In addition, Mirabella has been subject to two tax liens. In April 2015, Mirabella incurred a tax lien of $3,769. In December 2013, Mirabella incurred a tax lien of $30,455. Tax liens could be a potential indicator that a broker is struggling to manage personal finances. FINRA makes this information public so that investors can have a better sense of their brokers. Continue Reading