Soreide Law Group is investigating possible investor claims against Jacquin Fink (also known as Jacquin P. Fink) (CRD: 207807, New York, New York). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Merrill Lynch Pierce Fenner Smith Incorporated. Notably, investors allege sales practice violations in these disputes, including that Fink made unsuitable recommendations, churned accounts, and made misrepresentations of material fact. Here is a brief summary of the disclosures about Fink. However, keep in mind that Fink denies the allegations against him.
Jacquin Fink Discloses Misrepresentation Allegations By Merrill Lynch Pierce Fenner Smith Incorporated Client
Evidently, a client of Merrill Lynch Pierce Fenner Smith Incorporated contested Jacquin Fink’s sales practices by filing FINRA Arbitration: 22-01877 on August 18, 2022. Allegedly, Fink made unsuitable recommendations. Not only that, but the client alleges that Fink churned accounts and made misrepresentations of material fact. It appears that Fink caused the client to sustain damages on master limited partnerships. Therefore, the client seeks compensatory relief from Merrill Lynch Pierce Fenner Smith Incorporated or Fink in this ongoing matter.
Merrill Lynch Pierce Fenner Smith Incorporated Investor Accuses Fink Of Unsuitable Recommendations
Also, on February 4, 2020, a Merrill Lynch Pierce Fenner Smith Incorporated client filed FINRA Arbitration: 20-00416 about Jacquin Fink. Namely, the client alleged that Fink made unsuitable recommendations. Because of this, the client allegedly sustained damages on common and preferred stocks. Therefore, the client requested $43,434 in compensation from Merrill Lynch Pierce Fenner Smith Incorporated or Fink. BrokerCheck shows that this arbitration is pending a resolution.
Jacquin Fink Discloses Unsuitable Advice Allegations By Merrill Lynch Pierce Fenner Smith Incorporated Client
Additionally, a client of Merrill Lynch Pierce Fenner Smith Incorporated contested Jacquin Fink’s sales practices by filing FINRA Arbitration: 19-00005. Allegedly, Fink provided unsuitable advice. It appears that Fink caused the client to sustain damages on common and preferred stocks, foreign bonds, and over-the-counter equities. Therefore, Merrill Lynch Pierce Fenner Smith Incorporated opted to settle the matter on October 23, 2019, by compensating the client in the amount of $800,000.
Merrill Lynch Pierce Fenner Smith Incorporated Investor Accuses Fink Of Unsuitable Recommendations
Also, a Merrill Lynch Pierce Fenner Smith Incorporated client filed FINRA Arbitration: 18-00018 about Jacquin Fink. Namely, the client alleged that Fink made unsuitable recommendations. Because of this, the client allegedly sustained damages on municipal bonds. Therefore, on February 7, 2019, Merrill Lynch Pierce Fenner Smith Incorporated settled this matter by paying the client $263,000 in damages.
Jacquin Fink Discloses Omissions Allegations By Merrill Lynch Pierce Fenner Smith Incorporated Client
Additionally, a client of Merrill Lynch Pierce Fenner Smith Incorporated contested Jacquin Fink’s sales practices by filing FINRA Arbitration: 17-02856. Allegedly, Fink made omissions of material fact and provided unsuitable advice. It appears that Fink caused the client to sustain damages on common and preferred stocks. Therefore, Merrill Lynch Pierce Fenner Smith Incorporated opted to settle the matter on December 13, 2018, by compensating the client in the amount of $75,000.
Merrill Lynch Pierce Fenner Smith Incorporated Investor Accuses Fink Of Unsuitable Advice
Also, a Merrill Lynch Pierce Fenner Smith Incorporated client filed a complaint about Jacquin Fink. Namely, the client alleged that Fink gave unsuitable advice to them. Because of this, the client allegedly sustained damages on common and preferred stocks. Therefore, on December 29, 2016, Merrill Lynch Pierce Fenner Smith Incorporated settled this matter by paying the client $205,732.34 in damages.
- Fink worked for Merrill Lynch Pierce Fenner Smith Incorporated in New York, NY, as a securities broker from September 1978 to January 2020.
Damages Resulting From Merrill Lynch Pierce Fenner Smith Incorporated Securities Broker Jacquin Fink?
Did you sustain damages through investing with Jacquin Fink? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities attorney about potentially recovering your investment losses. Soreide Law Group, who has helped recover money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Fink and those firms Fink worked for deny any and all allegations of sales practice violations.