There are options for customers of former Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Olga Kapitskaya (CRD# 2587114) who is accused of unsuitable investment recommendations. She has been registered with RBC Capital Markets, LLC in Beverly Hills, California since 2022. Previously, she was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Los Angeles, California from 2011 to 2022.
Olga Kapitskaya Customer Complaints
She has been the subject of one customer complaint, according to her CRD report:
July 2022. “The customer alleges an unsuitable investment recommendation, misrepresentation, omission of material facts and failure to follow instructions from December of 2021 until March of 2022.” The case is currently pending. The complaint was regarding municipal bonds.
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 Olga Kapitskaya’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.