Larry Hyatt Facing Merrill Lynch Client Dispute Concerning Misrepresentation

One or more investors might have sustained losses because of securities broker Larry Leon Hyatt Jr. [CRD: 1506954, Salem, Oregon], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Larry Hyatt worked for Merrill Lynch, Pierce, Fenner & Smith Incorporated from September 9, 2016, to April 10, 2025. Read on to learn more about the disclosures involving this former broker.

Merrill Lynch Broker Hyatt Involved In Client’s Misrepresentation Complaint

Evidently, a client of Merrill Lynch, Pierce, Fenner & Smith Incorporated contested Larry Hyatt’s sales practices, based on a complaint. Allegedly, Hyatt made misrepresentations regarding investments in 2025. Supposedly,  Hyatt caused the client to sustain damages on stocks. Therefore, Merrill Lynch, Pierce, Fenner & Smith Incorporated opted to settle the matter on March 11, 2025, by compensating the client in the amount of $103,726.26.

Morgan Stanley Accused Larry Hyatt Of Unsuitable Recommendations

Also, a client filed a complaint about Larry Hyatt. The client alleged that Hyatt made unsuitable recommendations. Because of this, the investor supposedly sustained damages on variable annuities. Therefore, on October 14, 2009, Morgan Stanley Smith Barney settled this matter by paying the client $27,000.00 in damages.

Have You Invested Through Financial Advisor / Securities Broker Hyatt?

Did you experience losses because of Larry Hyatt? If so, you should contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the country. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Hyatt and brokerage firms Hyatt worked for deny accusations of sales practice violations.