DID MICHAEL W LAWRENCE CAUSE YOU INVESTMENT LOSSES?
Michael Lawrence Of Merrill Lynch, Pierce, Fenner & Smith Incorporated Has 2 Customer Complaints For Alleged Broker Misconduct
About Michael Lawrence of Merrill Lynch, Pierce, Fenner & Smith Incorporated?
Michael Lawrence (CRD #4225910) has a longstanding affiliation with Merrill Lynch, Pierce, Fenner & Smith Incorporated since September 2000, operating out of Wayzata, Minnesota. He is registered with 7 Self-Regulatory Organizations and licensed in an impressive 53 U.S. states and territories. Lawrence has passed two principal/supervisory exams and four general industry/product exams, along with one multi-state securities law exam, highlighting his comprehensive qualifications across various financial sectors. His broad licensure and significant examination success demonstrate a deep and versatile understanding of the financial industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Lawrence Customer Complaints and Reviews
Michael W. Lawrence has been involved in two customer disputes:
- Customer Dispute (Closed-No Action as of August 2024): A complaint was filed alleging failure to supervise between May 2023 and December 2023, with claimed damages of $166,000. This complaint was denied, with no action taken against Lawrence.
- Customer Dispute (Pending as of July 2024): Another allegation surfaced regarding failure to supervise and act in the best interest of the customer spanning from May 2023 to March 2024, involving alleged damages of $350,000. This case remains unresolved and is currently pending.
Allegations Against Michael Lawrence
- Customer Complaint (Closed-No Action as of August 2024):
- Allegation: Failure to supervise concerning in-house money manager managed/wrap accounts.
- Product Type: Managed/Wrap Accounts (In House Money Manager).
- Outcome: Complaint was denied and closed without action.
- Customer Complaint (Pending as of July 2024):
- Allegation: Failure to supervise and failure to act in the customer’s best interest regarding in-house money manager managed/wrap accounts.
- Product Type: Managed/Wrap Accounts (In House Money Manager).
- Claimed Damages: $350,000.
- Current Status: Complaint is pending with no final resolution as of the last update.
Michael Lawrence Red Flags & Your Rights As An Investor
Of course, Michael Lawrence 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 Michael Lawrence at Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Michael Lawrence 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 firms’ 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 Michael Lawrence
If you have questions about Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Michael Lawrence 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.
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