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Broker Misconduct Investigation: Kristopher O’Hare (Merrill Lynch)

If you have lost money in the stock market due to fraud, misrepresentation, negligence, or for other reasons, we can help you. We have successfully recovered over $250 million in FINRA securities arbitrations.*

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Updated on: August 21, 2024

National investment loss lawyers KlaymanToskes is investigating broker Kristopher O’Hare of Merrill Lynch (CRD #6256508).

According to FINRA BrokerCheck, broker Kristopher O’Hare of Merrill Lynch is currently facing an investor dispute filed in July 2024, alleging that he executed an unauthorized trade.

Investors that suffered losses with broker Kristopher O’Hare are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investment Losses with Broker Kristopher O’Hare?

Investment Losses with Broker Kristopher O’Hare?

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Kristopher O’Hare Faces Investor Dispute Over Unauthorized Trading

Kristopher O’Hare, a broker registered with Merrill Lynch, is currently facing an investor dispute alleging unauthorized trading.  According to FINRA Rule 3260, brokers can only make trades without direct approval if the account has been pre-approved for such activity by both the client and the firm. Unauthorized trading happens when a broker makes trades in an account that does not have this approval. This also breaks FINRA Rule 2010, which requires brokers to follow high standards of honesty and fairness in their business. 

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 broker Kristopher O’Hare. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage 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 Kristopher O’Hare, or have concerns regarding your investment portfolio at Merrill Lynch Pierce Fenner & Smith, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.