Investors apparently complained about securities broker Damon Merrill [CRD: 4011748, Hillsboro, Oregon], according to public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Mapes worked for Cetera Investment Services LLC from February 28, 2013, to March 20, 2020, and from June 10, 2020, to December 21, 2020, and he later registered with LPL Financial LLC beginning March 29, 2021. Investors are encouraged to continue reading to discover more about the disclosures involving Mapes.
Evidently, a Cetera Investment Services LLC client filed FINRA Arbitration No. 24-00253 about Damon Mapes. Primarily, the client alleged that Mapes overconcentrated accounts and made unsuitable recommendations involving alternative investments. For this reason, the client allegedly sustained damages associated with real estate investment trusts. Therefore, on July 3, 2025, Cetera Investment Services LLC settled this matter by paying the client $25,000 in damages.
Particularly, a client of Merrill Lynch contested Damon Mapes’s sales practices, according to a complaint. Allegedly, Mapes made unsuitable recommendations. It appears that Mapes allegedly caused the client to sustain damages related to mutual funds. Consequently, Merrill Lynch opted to settle the matter on October 29, 2001, by compensating the client in the amount of $20,000.
Did you experience losses because of Damon Mapes? Get in touch with Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities attorneys work on a contingency fee arrangement and advance all costs. Mapes and brokerage firms Mapes worked for deny allegations of sales practice violations.
Investors potentially experienced sales practice violations by securities broker Matthew R. Carbray [CRD: 4565811, Northampton, Massachusetts], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carbray has worked for Kestra Investment Services LLC since July 21, 2006, and Kestra Advisory Services LLC since April 19, 2016. Continue reading to learn more about Carbray’s […]
Investors apparently complained about securities broker Juan Pablo Benavides [CRD: 4288007, Miami, Florida], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Benavides has worked for Merrill Lynch as a securities broker since November 22, 2000, and as a financial advisor since March 15, 2004. See below to find out more about […]
Investors potentially incurred losses because of securities broker Sandy Meyer Leff [CRD: 1796695, Atlanta, Georgia], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Leff has worked for Carter Terry Company Inc. as a securities broker since October 6, 2016, and as a financial advisor since October 21, 2016. Keep reading to discover […]
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