Did you lose money investing with Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Jarred Collins (CRD# 5077516)? He has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Atlanta, Georgia, since 2009.
Jarred Collins Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2021. “The customer alleges unsuitable investment advice and a failure to advise on the unforeseen tax consequences of selling stocks.” The customer sought $1,600,000 in damages, and the case was settled for $1,500,000. The complaint was regarding common and preferred stocks.
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 Jarred Collins’ 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.
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