Investors potentially incurred losses because of securities broker Stephen Charles Newell Hlibok (also known as Stephen Hlibok and Steve Hlibok) [CRD: 1728900, Columbia, Maryland], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hlibok worked for Merrill Lynch Pierce Fenner Smith Incorporated from September 25, 1987, to the present as a broker, and from November 14, 1990, to the present as a financial advisor. Investors are encouraged to continue reading to find out more about disclosures involving this securities broker.
Particularly, on December 8, 2025, a Merrill Lynch Pierce Fenner Smith Incorporated client filed FINRA Arbitration No. 25-02703 about Stephen Hlibok. Primarily, the client alleged that Hlibok engaged in unauthorized trading. Because of this, the client allegedly incurred damages. Consequently, the client requested $500,000 in compensation from Merrill Lynch Pierce Fenner Smith Incorporated or Hlibok. BrokerCheck shows that this arbitration is pending a resolution.
Notably, a client of Merrill Lynch Pierce Fenner Smith Inc contested Hlibok’s sales practices, according to a complaint dated July 8, 2003. Allegedly, Hlibok made unsuitable recommendations. It appears that Hlibok allegedly caused the client to sustain damages relating to over-the-counter equities. As a result, the client sought compensation from Merrill Lynch Pierce Fenner Smith Inc or Hlibok in the amount of $582,000 in this matter. This complaint was denied on August 11, 2003.
Do you need clarity on any investment losses relating to Stephen Hlibok? You should contact Soreide Law Group online or at (888) 760-6552 and talk to a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the US. Also, our securities attorneys work on a contingency fee arrangement and advance all costs. Hlibok and brokerage firms Hlibok 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