One or more investors apparently complained about securities broker Roxane Lillian Rose (also known as Roxane Rose, Roxanne Lillian Welz) [CRD: 2722816, Santa Fe, New Mexico], based on disclosures on FINRA BrokerCheck. Evidently, Roxane Rose has been registered with Merrill Lynch Pierce Fenner Smith Incorporated from September 22, 1999, to the present. Below, you can find out more about the disclosures and client allegations involving this securities broker.
Specifically, a client of Merrill Lynch contested Roxane Rose’s sales practices, according to a complaint dated April 3, 2025. Allegedly, Rose engaged in unauthorized trading. It appears that Rose allegedly caused the client to sustain damages on managed accounts. Therefore, the client sought damages from Merrill Lynch or Rose in this matter. Although the client did not specify an exact damages amount, this complaint remains pending.
Unauthorized trading occurs when a broker buys or sells securities in a client’s account without prior consent. Brokers must have explicit permission from their clients before executing trades unless the account is discretionary—meaning the client has granted written authorization for the broker to make trading decisions. Unauthorized trading is considered a violation of securities regulations and can lead to financial harm, especially if trades do not align with the client’s goals or risk tolerance.
Are you concerned regarding investments you made with Roxane Rose? Feel free to contact Soreide Law Group online or at (888) 760-6552 to speak with a securities lawyer about a possible recovery of investment-related losses. Soreide Law Group has helped recovered losses for individuals across the United States, takes cases on a contingency fee basis, and advances all costs. Rose and any registered investment advisors / securities broker dealers Rose worked for deny any allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com