Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Dorschel (Dorschel), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Dorschel 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 $14,000.00 on August 24, 2022.
Claimant alleged that, in or around March 2015, representative sold claimant two unsuitable alternative investment products but did not tell claimant that such products were speculative, illiquid, and non-traded, and that claimant May not be able to get claimant’s money back.