Merrill Lynch Puerto Rico Stockbroker Wipes Novice Investor Out With Bond Transactions on Margin

The Law Offices of Robert Wayne Pearce, P.A. filed a claim against Merrill Lynch Pierce Fenner & Smith Incorporated (Merrill Lynch) for an investor residing in Puerto Rico (the “Claimant”) arising out of Merrill Lynch’s Puerto Rico office. A summary of Claimant’s allegations against Merrill Lynch are set forth below. If you or any family member received similar misrepresentations and/or misleading statements from Merrill Lynch and its Puerto Rico stockbrokers or found yourself with an account overconcentrated in Puerto Rico municipal bonds and/or closed-end bond funds, or if you borrowed monies from Merrill Lynch and used your investments as collateral for those loans, we may be able to help you recover your losses. Contact our office for a free consultation about your case.

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Santander Securities Broker Switches Investors Into Unsuitable Closed End Funds

The Law Offices of Robert Wayne Pearce, P.A. filed yet another claim against Santander Securities, LLC (Santander). A summary of the allegations the Claimant made against the Puerto Rico based brokerage is below. If you or any family member received similar misrepresentations and/or misleading statements from Santander and its stockbrokers or found yourself with an account overconcentrated in closed-end bond funds, or if you borrowed monies from Santander and used your investments as collateral for those loans, we may be able to help you recover your losses. Contact our office for a free consultation about your case.

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