DID DANIEL R ELLISON CAUSE YOU INVESTMENT LOSSES?

Daniel Ellison Of Merrill Lynch, Pierce, Fenner & Smith Incorporated Has 6 Customer Complaints For Alleged Broker Misconduct

Who is Daniel Ellison of Merrill Lynch, Pierce, Fenner & Smith Incorporated?

Daniel Ellison (CRD #2320115) who is currently registered as a broker and investment adviser with Merrill Lynch, Pierce, Fenner & Smith Incorporated and located in New York, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Merrill Lynch, Pierce, Fenner & Smith Incorporated, Daniel Ellison was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Daniel Ellison Customer Complaints

Daniel Ellison has been the subject of 6 customer complaints that we know about seeking to recover investment losses. Three of the customer complaints were settled by Merrill Lynch Pierce Fenner and Smith in favor of the investors. Two of the other customer complaints were denied by the brokerage firm in the investors took no further action. There is currently one recently filed customer complaint that is awaiting Merrill Lynch Pierce Fenner and Smith’s determination.

Allegations Against Daniel Ellison

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

• Failure to act in customer’s best interests.
• Unauthorized change of customer’s account for a fee based to commission-based account.
• Failure to fully explain the consequences of trading on margin.
• Misrepresentations and omissions of material facts.
• Misrepresentation relating to exchange of mutual funds for money market funds to escape Contingent Deferred Sales Charges.
• Unsuitable investment recommendations.

Daniel Ellison Red Flags & Your Rights As An Investor

Of course, Daniel Ellison did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Daniel Ellison at Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Daniel Ellison has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch, Pierce, Fenner & Smith Incorporated also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Merrill Lynch, Pierce, Fenner & Smith Incorporated Due To Daniel Ellison

If you have questions about Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Daniel Ellison and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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