JESSE HOLOVACKO Fraud Conviction Affirmed The United States Court of Appeals for the Third Circuit affirmed Merrill Lynch financial advisor Jesse Holovacko’s (CRD#: 5112298, Edison, New Jersey) convictions of 6 counts of wire fraud and 1 count of investment advisor fraud, according to an unpublished Opinion filed July 22, 2019 in U.S.A. v. Jesse Holovacko, […]

CHARLES KENAHAN Churn Your Investments? Soreide Law Group is evaluating possible investor claims on behalf of investors who suffered losses because of Merrill Lynch securities broker Charles Kenahan (CRD#: 1351974, Boston, Massachusetts). Evidently, Merrill Lynch announced on July 9, 2019 that it disaffiliated with Kenahan. The brokerage firm alleged that Kenahan gave bad advice to […]

JOHN MORABITO Give You Unsuitable Advice? If you invested through Merrill Lynch securities broker John Morabito (CRD#: 4651112, Alpharetta, Georgia), he possibly gave you bad advice. Particularly, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows that at least one client complained about his sales practices. Here’s more on the dispute concerning Morabito: Merrill Lynch Client Suggests […]

CHAMP WARREN Give You Bad Investment Advice? Soreide Law Group is evaluating possible investor claims of suitability against Champ Warren (CRD#: 2401114, Houston, Texas). Warren is a securities representative who joined Merrill Lynch on November 30, 1993. Namely, the Financial Industry Regulatory Authority (“FINRA”) shows on Warren’s BrokerCheck Report that a client complained about his […]

INVESTOR ALERT: FINRA Suspends, Fines MICHAEL TANHA Soreide Law Group is investigating possible claims on behalf of those who invested with Merrill Lynch securities broker Michael Tanha (CRD#: 6022108, Beverly Hills, California). The Financial industry Regulatory Authority (“FINRA”) recently issued Michael Tanha a 10-month suspension and $15,000 fine pursuant to Tanha’s May 1, 2019 submission […]

FINRA Hits Merrill Lynch With $300,000.00 Fine For Failure To Supervise The Financial Industry Regulatory Authority (“FINRA”) has issued a fine and $300,000.00 fine and censure to Merrill Lynch, Pierce, Fenner & Smith Inc. (CRD#: 7691, New York, New York) pursuant to Letter of Acceptance, Waiver and Consent #: 2014041490801, executed on December 13, 2018. […]

Customers Allege Merrill Lynch Brokers Sold Unsuitable Investments Soreide Law Group is investigating excessive trading, misrepresentation and suitability claims on behalf of customers who invested with Merrill Lynch , Pierce, Fenner & Smith incorporated (CRD#: 7691, New York, New York) securities brokers and financial advisors including Matthew Martin Howley, Matthew Allen Ashley, Jon Monk and Robert […]

Merrill Lynch Broker Christopher Lee Hibbard Indicted For Fraud Christopher Lee Hibbard (CRD#: 3176484, Louisville, Kentucky) is a prior registered representative of Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) who was indicted in the United States District Court for the Western District of Kentucky on nine counts of wire fraud and one count […]

Currently, the Soreide Law Group is investigating the Mariner Access Fund and Mariner 2X Access Fund which were sold by Merrill Lynch Pierce, Fenner & Smith, Inc. Merrill Lynch raised hundreds of millions of dollars from investors in private sales to its clients. Investors in these funds have experienced huge losses in their investments, in […]