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.
KEVIN CHRISTOPHER MCCARTHY (KEVIN C MCCARTHY) was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm with a start date of 5/7/2026. McCarthy was registered as a broker with MADISON AVENUE SECURITIES LLC of Hialeah, Florida, from 12/04/2007 - 01/30/2026. McCarthy was previously registered both as a broker […]
Investors might have sustained losses due to securities broker William H. Grant [CRD: 4219455, Duluth, Georgia], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. William Grant has been registered with Merrill Lynch since October 23, 2009, as both a securities broker and financial advisor. Investors are encouraged to continue reading to find […]
Investors apparently complained about securities broker James Francis Martin [CRD: 1218618, West Conshohocken, Pennsylvania], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Martin worked for Morgan Stanley from April 4, 2016, to December 2, 2022. See the following information to discover more about disclosures involving Martin and allegations reported on FINRA BrokerCheck. Martin […]
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