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Marcus Hernandez Of Merrill Lynch Pierce Fenner & Smith Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Marcus Hernandez of Merrill Lynch Pierce Fenner & Smith?

Marcus Hernandez (CRD #4218478) who is currently registered with Merrill Lynch Pierce Fenner & Smith and located in Blue Bell, Pennsylvania is a subject of one of our many securities industry sales practice abuse investigations.

Marcus Hernandez Customer Complaints

Marcus Hernandez has been the subject of 3 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One arbitration award was entered against E*Trade Securities for Marcus Hernandez’s alleged misconduct causing investors losses. One of Marcus Hernandez’s 3 customer complaints was settled in favor of investors. One of Marcus Hernandez’s customers’ complaints was denied and, to date, the customer has not taken any further action.

Allegations Against Marcus Hernandez

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

  • Misrepresentation; unauthorized trading; unsuitability; breach of contractual and fiduciary duties; and negligence allegedly by Marcus Hernandez.
  • Marcus Hernandez’s alleged solicitation of auction rate securities.
  • The customer alleged Marcus Hernandez’s failure to follow instructions.

Marcus Hernandez Red Flags & Your Rights As An Investor

Of course, Marcus Hernandez 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 Marcus Hernandez at Merrill Lynch Pierce Fenner & Smith on alert to review carefully the activity and performance of their accounts and question whether Marcus Hernandez 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 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.

File A Claim To Recover Your Investment Losses At Merrill Lynch Pierce Fenner & Smith Due To Marcus Hernandez

If you have questions about Merrill Lynch Pierce Fenner & Smith and/or Marcus Hernandez 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.

Author Photo

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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