Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker Richard Pettibone Investment Loss Options

Merrill Lynch

Erez Law is currently investigating Merrill Lynch, Pierce, Fenner & Smith Incorporated broker Richard Pettibone (CRD# 2846638) regarding unsuitable investment recommendations. He has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Las Vegas, Nevada since 2001. 

Richard Pettibone Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

December 2021. “The customer alleges unsuitable investment recommendations in October of 2021.” The case was settled for $313,537. The complaint was regarding managed wrap accounts. 

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 Richard Pettibone’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.