Experience Matters
Frank H. Suits, Jr. et al. vs. Merrill Lynch Pierce Fenner & Smith, Inc. and Michael Keefe Gorman NYSE No. 2006-016588
Claimant awarded $128,000 and costs against Merrill Lynch and the registered representative after Lax, Neville & Intelisano, LLP successfully arbitrated causes of action including unsuitable investment recommendations, violations of Self-Regulatory Organization Rules, breach of fiduciary duty, violation of the Securities Exchange act and failure to supervise regarding the sale of proprietary products by Respondent in Claimant’s fee based account.