Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wayne Rowlands (Rowlands), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Rowlands 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 $336,450.00 on May 20, 2021.
The customer alleges that a misrepresentation was made and that the Financial Advisor misappropriated funds from January 2018 until September 2019.