Derek David Rosenberg of Las Vegas Nevada a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith Incorporated is referenced in a customer initiated investment related arbitration claim which was settled for $70,000.00 in damages based upon allegations that misrepresentations had been made to the customer concerning municipal debt investments selected for the customer’s account while Rosenberg was associated with Merrill Lynch. Financial Industry Regulatory Authority (FINRA) Arbitration No. 16-02605 (July 25, 2017).
FINRA Public Disclosure reveals that another customer filed an investment related complaint concerning Rosenberg’s conduct where the customer sought damages estimated to exceed $5,000.00 supported by accusations that fiduciary duties owed to the customer had been breached in regard to the equity transactions placed in the customer’s account while Rosenberg was associated with A.G. Edwards Sons Inc.
Rosenberg’s registration with Merrill Lynch has been terminated as of December 4, 2018. Since November 30, 2018, Rosenberg has been employed by Ameriprise Financial Services Inc.
