Our law firm has filed securities arbitration claims against Merrill Lynch on behalf of former customers of Phil Scott and The Phil Scott Group. Phil Scott a/k/a Walter Schlaepfer and the Phil Scott Group worked out of Merrill Lynch’s Bellevue, Washington branch office. According to Scott’s securities license, he has been the subject of at least six customer complaints since 2008. All of the claims alleged that Scott made unsuitable investment recommendations and/or made misrepresentations. To date, FINRA Arbitration Panels have awarded customers about $3.7 million as a result of these complaints.
Investors who held accounts with the Phil Scott Group and Merrill Lynch are encouraged to contact KlaymanToskes to explore their legal rights and options. If you wish to discuss this announcement or sustained losses of $750,000 or more by investing with the Phil Scott Group and Merrill Lynch, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of KlaymanToskes, at 888-997-9956.
