LOST MONEY IN GWG L BONDS? CLICK HERE TO LEARN MORE

Investment Losses with Adam Jesse Gurien of Merrill Lynch? KlaymanToskes Has Recovery Options

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.*

Need Legal Help? Contact Us. Call +1 (888) 997-9956
Updated on: January 5, 2023

Palm Beach Gardens Branch Alert: Merrill Lynch Customers File Unsuitable Investment Complaint for $650k

National investment fraud lawyers KlaymanToskes is currently representing clients of Adam Jesse Gurien (CRD# 2302341) in a FINRA arbitration claim to recover $650,000 in investment losses. The Merrill Lynch broker and investment advisor has been named in five investor complaints, alleging a collective total of nearly $1 million in damages to customers, according to Brokercheck.

The most recent complaint (Case No. 22-02215), filed by KlaymanToskes on behalf of a retired elderly couple in September 2022, is pending in FINRA arbitration with allegations that Gurien did not act in the couple’s best interest and made unsuitable investment recommendations. The customers allege $650,000 in damages to their Merrill Lynch accounts. Adam Jesse Gurien has been registered with Merrill Lynch since 2011 in Palm Beach Gardens, FL.

According to securities attorney Lawrence L. Klayman, Esq., “The investors came to Merrill Lynch to implement a conservative retirement portfolio. Instead, they were recommended an aggressive, speculative portfolio with over 43% in Alternative Investments, which they had no prior experience investing in.”

If you have suffered investment losses due to account mismanagement by Adam Jesse Gurien and/or have information regarding the way your account was managed at Merrill Lynch’s Palm Beach Gardens, FL branch, you are encouraged to contact attorney Lawrence L. Klayman at (888) 997-9956 or lklayman@klaymantoskes.com to discuss recovery options.

Notable Disclosures at Merrill Lynch’s Palm Beach Gardens, FL Branch

The following list of brokers and investment advisors, currently registered with Merrill Lynch in Palm Beach Gardens, FL, have notable disclosures according to their Brokercheck reports.

  • Stephen Michael Ruvituso – (CRD# 1056605)
    • Registered with Merrill Lynch in Palm Beach Gardens, FL since 2013
    • 4 disclosures; one complaint settled in favor of the investor for $70,000
  • Daniel Igor Markow – (CRD# 2098614)
    • Registered with Merrill Lynch in Palm Beach Gardens, FL since 1993
    • 3 disclosures; one complaint settled in favor of the investor for $60,000
  • Scott Theodore Mazur – (CRD# 2772740)
    • Currently registered with Merrill Lynch in Palm Beach Gardens, FL since 1996
    • 2 disclosures; 2 customer complaints

How Can I Recover My Losses?

KlaymanToskes encourages investors who did business with Adam Jesse Gurien, the Palm Beach Gardens, FL branch of Merrill Lynch, and/or any of the brokers listed above to review their portfolios for signs of broker misconduct and/or investment losses.

Investors that suffered significant losses should contact attorney Lawrence L. Klayman, Esq., at 888-997-9956, or lklayman@klaymantoskes.com to discuss their recovery options.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

Contact

KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com