Can I recover losses from investments with former Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Gary Begnaud (CRD# 865927) who is accused of unauthorized trading? He has been registered with Janney Montgomery Scott LLC in Mt. Laurel, New Jersey since 2020. Previously, he was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Mount Laurel, New Jersey from 1987 to 2020.
Gary Begnaud Customer Complaints
He has been the subject of two customer complaints between 1994 and 2022, according to his CRD report. The most recent complaint was regarding:
March 2022. “The customer alleges unauthorized trading on March 23, 2020.” The case is currently pending.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Merrill Lynch, Pierce, Fenner & Smith Incorporated may be liable for investment or other losses suffered by Gary Begnaud’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.