Tagged with "Merrill Lynch"

Stockbroker Defeats Wells Fargo in Employment Dispute

Posted on January 8th, 2016 at 8:31 AM

After leaving Wells Fargo, the new Merrill Lynch broker soon faced allegations of misappropriation of Wachovia’s confidential documents and files. The plaintiff Wells Fargo asserted six causes of action against the broker as a result of his resignation and following employment with Merrill Lynch.

Read More »

Bad News for Nicholas Schorsch’s RCS Capital Corp. (RCAP)

Posted on December 10th, 2015 at 8:53 AM
Bad News for Nicholas Schorsch’s RCS Capital Corp. (RCAP)

Nicholas Schorsch has been considered a pioneer in alternative investment since he founded his brokerage holding company RCS Capital Corp. (RCAP). Not more than two years ago he compared RCAP to Wall Street greats Merrill Lynch and Raymond James Financial, Inc. 

Read More »

'Culture Clash' Led to $2.5 Billion Merrill Firing: Lawyer

Posted on August 17th, 2015 at 5:12 PM
'Culture Clash' Led to $2.5 Billion Merrill Firing: Lawyer

Bank of America has recently fired a broker who was formerly in charge of $2.5 billion in assets. The broker, Marc D. Lowe, reportedly had three strikes against him over the past few months that led to his termination, all of which were said to be "behavioral issues."

Read More »

Merrill Lynch Fires Two Brokers in Colorado

Posted on May 14th, 2015 at 2:46 PM
Merrill Lynch Fires Two Brokers in Colorado

According to AdvisorHUB.com, Bank of America Merrill Lynch fired two experienced financial advisers in Colorado.

Read More »

New Study Compares Brokerage Firm Advertising

Posted on April 15th, 2015 at 3:32 PM
New Study Compares Brokerage Firm Advertising

New Study Compares Brokerage Firm Advertising to Arbitration Positions Taken Related to Fiduciary Duty

Read More »

NFL Star Dwight Freeney Sues Bank of America for Negligence

Posted on April 7th, 2015 at 9:54 AM
NFL Star Dwight Freeney Sues Bank of America for Negligence

NFL star Dwight Freeney is suing Bank of America and a Merrill Lynch financial adviser Michael Bock for allegedly defrauding him of over $20 million in an investment fraud.

Read More »

Bank Of America-Merrill Lynch Ready to Exit Protocol

Posted on March 10th, 2015 at 11:33 AM
Bank Of America-Merrill Lynch Ready to Exit Protocol

According to AdvisorHUB, all signs show that Bank of America/Merrill Lynch are ready to exit the protocol for broker recruiting.

Read More »

10 Firms Fined for Allowing Equity Analysts to Solicit IB Business

Posted on December 30th, 2014 at 9:56 AM
10 Firms Fined for Allowing Equity Analysts to Solicit IB Business

FINRA has fined 10 firms a total of $43.5 million for allowing their equity research analysts to solicit investment banking business and for offering favorable research coverage in connection with the 2010 planned initial public offering of Toys R Us. 

Read More »

Merrill Lynch / Bank of America Changes Broker Bonus Payments for 2015

Posted on December 28th, 2014 at 6:40 PM

Merrill Lynch has told its brokers that they will receive higher bonus payments in 2015 for attracting new clients and assets, but will eliminated pay for servicing clients with less than $250,000 in assets. 

Read More »

Merrill Lynch / Bank of America Wants Former Reps to Return to Merrill

Posted on December 27th, 2014 at 1:33 PM

Merrill Lynch is offering former brokers 400% transition deals to return to the firm and sing its praises.

Read More »

TESTIMONIALS

Previous
Next

I learned two important things working with Eccleston Law. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

December 19, 2024
GPB Capital Investors See Progress as Court Confirms Receivership

In a significant development for investors in GPB Capital Holdings, the private equity firm will move into receivership following a prolonged legal battle.

December 18, 2024
SEC Fines Cantor Fitzgerald $6.75 Million for Misleading SPAC Investors

The Securities and Exchange Commission (SEC) has charged Cantor Fitzgerald, L.P. with causing two special purpose acquisition companies (SPACs) under its control to make misleading statements to investors before their initial public offerings (IPOs). 

December 17, 2024
Former Western Asset Management Co-CIO Charged with Fraud for Cherry-picking Trades

The SEC recently charged Ken Leech, former Co-CIO of Western Asset Management, with fraud.