Investors apparently complained about securities broker Steven Douglas Goethel [CRD: 5861475, Jupiter, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Goethel has been registered with Merrill Lynch as a securities broker since December 14, 2010, and as a financial advisor since February 23, 2011. See below to find out more about disclosures involving Steven Goethel.
Evidently, on April 2, 2026, a Merrill Lynch client filed a complaint about Steven Goethel. Primarily, the client alleged that Goethel provided misleading information and failed to fully explain important aspects of alternative investments. The client also alleged that trading activity in managed accounts resulted in tax consequences that were not anticipated. For this reason, the client allegedly sustained damages involving hedge funds. As a result, the client requested compensation from Merrill Lynch or Goethel. The complaint remains pending.
Misrepresentation and omissions involving hedge funds generally occur when a securities broker or financial advisor allegedly provides inaccurate information or fails to disclose important facts about an investment. These allegations can involve risks, fees, liquidity limitations, tax implications, or other material characteristics that may influence an investor's decision-making. When investors believe they did not receive complete or accurate information before investing, disputes regarding misrepresentation or omissions may arise.
Do you need guidance on any investment losses relating to Steven Goethel? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the country. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Goethel and brokerage firms Goethel worked for deny accusations 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 […]
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