National investment loss lawyers KlaymanToskes is investigating broker Lino Gutierrez (CRD# 5527598) of Merrill Lynch.
According to FINRA BrokerCheck records, Lino Gutierrez of Merrill Lynch is facing a pending customer complaint alleging $1,000,000 in investor damages due to failure to act in the customer’s best interest. Gutierrez is also involved in a regulatory action (FINRA Case #20230798585) in connection with FINRA’s investigation into alleged outside business activities.
Investors that suffered losses with broker Lino Gutierrez are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Lino Gutierrez, registered as a broker and investment advisor with Merrill Lynch since 2017, is currently involved in a customer dispute. The complaint alleges failure to act in their best interest of the customer, and is seeking $1,000,000 in damages. On December 20, 2024, FINRA made a preliminary determination that formal disciplinary actions be brought against Lino Gutierrez alleging violation of FINRA Rules 3270 and 2010 in that he engaged in outside business activity without providing prior written notice to his firm. Gutierrez is registered with Merrill Lynch in Stuart, FL.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Lino Gutierrez, or have concerns regarding your investment portfolio at Merrill Lynch, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.