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Broker Misconduct Investigation: Joseph Gibbons (Merrill Lynch)

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Updated on: January 8, 2025

National investment loss lawyers KlaymanToskes is investigating broker Joseph Gibbons (CRD #1060467) of Merrill Lynch.

According to FINRA BrokerCheck, Joseph Gibbons of Merrill Lynch is facing a pending customer complaint alleging an unsuitable variable annuity investment recommendation made between April 2011 and November 2024.

Investors that suffered losses with broker Joseph Gibbons 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.

Merrill Lynch Advisor Joseph Gibbons Faces Annuity Complaint

Joseph Gibbons, a broker and investment advisor registered with Merrill Lynch in Wayzata, Minnesota, is involved in an investor complaint according to FINRA BrokerCheck records. A customer complaint filed in November 2024 alleges unsuitability with regard to variable annuity investments made between April 2011 and November 2024 at Merrill Lynch. 

Investment Losses with Broker Joseph Gibbons?

Investment Losses with Broker Joseph Gibbons?

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Signs Investors Should Look Out For About Their Brokerage Accounts

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:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

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 Joseph Gibbons, 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.