Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Kavi Fulena (CRD# 6861339) is accused of unsuitable investment recommendations. He has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Los Angeles, California since 2018.
Kavi Fulena Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
May 2022. “The customer alleges unsuitable investment recommendation in September 2020, misrepresentation and failure to follow instructions to move money out of the market at a certain threshold.” The case is currently pending. The complaint was regarding managed wrap accounts (outside money manager).
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 Kavi Fulena’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.
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