Donald Depiro (also known as Don Depiro), of Riviera Beach, Florida, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Inc., was the subject of a customer initiated investment related complaint filed on August 9, 2021, in which the customer requested $25,000.00 in damages based upon allegations that Depiro engaged in unauthorized trading in equities during the time that Depiro was associated with Merrill Lynch. The complaint was denied on September 2, 2021 as not factual and without merit.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Depiro was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $31,000.00 in damages based upon allegations that Depiro misrepresented information in connection with the sale of structured products when Depiro was associated with UBS Financial Services Inc. FINRA Arbitration No. 09-03997 (July 27, 2010).
Depiro is also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Depiro made misrepresentations of material fact and an unsuitable recommendation in Lehman Brothers principal protected notes during the time that Depiro was associated with UBS Financial Services Inc. FINRA Arbitration No. 10-03560 (February 7, 2011).
Depiro has been associated with UBS Financial Services Inc. in Melville, New York since February 18, 2021. Previously, Depiro was associated with Merrill Lynch Pierce Fenner Smith Incorporated in Riviera Beach, Florida from September 4, 2009, to February 22, 2021.
