Soreide Law Group is investigating potential investor claims of bad securities sales practices by broker Carlos Abella [CRD#: 3207913, Guaynabo, Puerto Rico]. Evidently, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck reports no less than 23 clients who contested the securities recommendations or sales of the securities broker, who joined Merrill Lynch on August 3, 2019. Notably, clients of Merrill Lynch suggest that Abella misrepresented investments and recommended products that conflicted with client’ investment profiles. The following contains a summary of some alarming disclosures concerning Abella:
Evidently, a client of Merrill Lynch contested Carlos Abella’s actions through filing FINRA Arbitration #: 19-02128 on August 5, 2019. Supposedly, Abella falsified the details concerning the risks or the terms of municipal bonds. It appears that the securities broker potentially recommended bad investments. Allegedly, these investments failed to align with the client’s risk tolerance or some other aspect of the client’s investment profile. It also seems that the municipal bonds which Abella recommended caused the client to experience losses. Consequently, the client demanded compensation from Merrill Lynch or Abella in the amount of $224,000.53 in this ongoing matter.
Apparently, on July 18, 2019, a Merrill Lynch client filed FINRA Arbitration #: 19-01965 concerning Carlos Abella. Apparently, the client contended that Abella recommended bad trades by failing to consider the client's goals, risk tolerance or other criteria relating to suitability. The client indicated that the securities broker additionally misrepresented the features, benefits or disadvantages of investments. It appears that the client incurred losses on municipal bonds. For this reason, the client requested unspecified compensation from Merrill Lynch or Abella. Supposedly, this arbitration is pending a resolution.
Evidently, a client of Merrill Lynch contested Carlos Abella’s actions through filing FINRA Arbitration #: 17-01392 on June 2, 2017. Allegedly, from 2009 to 2017, Abella concealed troubling information concerning investments that he sold. Not only that, but the securities broker seemingly made false statements or representations regarding investments. Apparently, the municipal bonds and closed end funds which Abella recommended caused the client to experience investment losses. For this reason, Merrill Lynch figured to settle the client’s allegations on September 10, 2018 through paying the client the sum of $155,000.
Have you experienced losses by investing with Carlos Abella? If you have, contact Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a potential recovery of your investment losses. Soreide Law Group provides representation to clients on a contingency fee basis and advances costs. The law firm has recovered millions of dollars for clients who have experienced losses due to misconduct of securities brokers like Abella and brokerage firms.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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