Kerry Cassell Facing Allegations Of Misrepresentation

Investors have voiced complaints about securities broker Kerry Thomas Cassell (CRD: 2069521, Charlotte, North Carolina). Notably, the securities broker, who worked for Merrill Lynch Pierce Fenner Smith Incorporated, disclosed client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Namely, Merrill Lynch Pierce Fenner Smith Incorporated clients allege that Cassell made misrepresentations. For more on these disclosures about Cassell, see below.

Cassell Discloses Misrepresentation Allegations By Merrill Lynch Pierce Fenner Smith Incorporated Client

Evidently, on February 2, 2022, a Merrill Lynch Pierce Fenner Smith Incorporated client filed a complaint about Kerry Cassell. Namely, the client alleged that Cassell made misrepresentations. Because of this, the client allegedly sustained damages on variable annuities. Therefore, the client requested compensation from Merrill Lynch Pierce Fenner Smith Incorporated or Cassell. However, the securities firm denied this complaint.

Kerry Cassell Discloses Failure To Follow Instructions Allegations By Merrill Lynch Pierce Fenner Smith Incorporated Client

Also, a client of Merrill Lynch Pierce Fenner Smith Incorporated contested Kerry Cassell’s sales practices, according to a complaint dated October 9, 2008. Allegedly, Cassell failed to follow instructions. Supposedly, Cassell possibly caused the client to sustain damages on common stocks and preferred stocks. Therefore, the client requested compensation from Merrill Lynch Pierce Fenner Smith Incorporated or Cassell in the amount of $700,000. However, the securities firm denied the complaint.

Merrill Lynch Pierce Fenner Smith Incorporated Investor Accuses Cassell Of Unsuitable Advice

Additionally, on September 12, 2008, a Merrill Lynch Pierce Fenner Smith Incorporated client filed a complaint about Kerry Cassell. Namely, the client alleged that Cassell made misrepresentations and made unsuitable recommendations. Because of this, the client allegedly sustained damages on common stocks and preferred stocks. Therefore, the client requested compensation from Merrill Lynch Pierce Fenner Smith Incorporated or Cassell. However, the securities firm denied this complaint.

Recent Employment Information

• Cassell stopped working for Merrill Lynch Pierce Fenner Smith Incorporated on June 21, 2017.
• Cassell started working for Wells Fargo Clearing Services LLC on August 10, 2020.

Did Merrill Lynch Pierce Fenner Smith Incorporated Securities Broker Kerry Cassell Cause You To Experience Damages?

Did you suffer damages due to the sales practices of Kerry Cassell? If so, you can contact Soreide Law Group at (888) 760-6552 and talk with an investment lawyer regarding a potential recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Please keep in mind that Cassell and brokerage firms Cassell worked for deny all allegations of sales practice violations.