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Michael O’Flaherty Of Janney Montgomery Scott And Formerly With Merrill Lynch Pierce Fenner & Smith Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Michael O’Flaherty of Janney Montgomery Scott?

Michael O’Flaherty (CRD #2199447) who is currently registered with Janney Montgomery Scott and located in South Kingstown, Rhode Island is a subject of one of our many securities industry sales practice abuse investigations. Prior to Janney Montgomery Scott, Michael O’Flaherty was associated with Merrill Lynch Pierce Fenner & Smith and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Michael O’Flaherty Customer Complaints

Michael O’Flaherty has been the subject of 2 customer complaints that we know about. Both of Michael O’Flaherty’s customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Michael O’Flaherty

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

  • Plan administrator alleged that Michael O’Flaherty failed to inform him of a 6 percent penalty if account was transferred out of the firm.
  • The customer alleged Michael O’Flaherty made misrepresentations.

Michael O’Flaherty Red Flags & Your Rights As An Investor

Of course, Michael O’Flaherty 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 O’Flaherty at Janney Montgomery Scott and Merrill Lynch Pierce Fenner & Smith on alert to review carefully the activity and performance of their accounts and question whether Michael O’Flaherty has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Janney Montgomery Scott and 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 Janney Montgomery Scott Due To Michael O’Flaherty

If you have questions about Janney Montgomery Scott, Merrill Lynch Pierce Fenner & Smith, and/or Michael O’Flaherty 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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