Fabio De Andrade Linked To Merrill Lynch Investor Arbitration Claim Regarding Unsuitable Advice

Investors potentially experienced sales practice violations by securities broker Fabio De Andrade (also known as Fabio Deandrade) [CRD: 4671838, Kansas City, Missouri], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. De Andrade worked for Merrill Lynch from October 11, 2004, to June 9, 2026. Investors are encouraged to continue reading to find out more about De Andrade’s disclosures.

Merrill Lynch Investor Accused De Andrade Of Unsuitable Recommendations

Particularly, on February 27, 2026, a Merrill Lynch client filed FINRA Arbitration No. 26-00465 about Fabio De Andrade. Primarily, the client alleged that De Andrade made unsuitable recommendations from 2017 to March 2025. Because of this, the client allegedly sustained damages linked to mutual funds and government bonds. Consequently, the client requested $24,713,303 in compensation from Merrill Lynch or De Andrade. BrokerCheck shows that this arbitration is awaiting a resolution.

Fabio De Andrade Disclosed Unauthorized Trading Allegations

Also, a client of Merrill Lynch contested Fabio De Andrade’s sales practices, according to a complaint dated October 4, 2023. Allegedly, De Andrade engaged in unauthorized trading in June 2022. It appears that De Andrade allegedly caused the client to sustain damages. As a result, the client sought compensation from Merrill Lynch or De Andrade in this matter. Merrill Lynch denied the complaint on October 6, 2025.

Have You Made Investments Through Financial Advisor / Securities Broker De Andrade?

Do you need guidance on any investment losses relating to Fabio De Andrade? Get in touch with Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the United States. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. De Andrade and brokerage firms De Andrade worked for deny accusations of sales practice violations.