John Richard Henderson of Sarasota Florida a stockbroker formerly currently with Merrill Lynch Pierce Fenner Smith Inc. is referenced in a customer initiated investment related written complaint on September 6, 2016 where the customer requested unspecified damages founded on allegations that unauthorized over-the-counter equities trades were effected in the customer’s account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Henderson has been identified in three additional customer initiated investment related disputes containing accusations of his violative conduct during the time that he was associated with Merrill Lynch Pierce Fenner Smith Inc. Specifically, on April 25, 2011, a customer filed an investment related complaint involving Henderson’s activities in which the customer sought $32,000.00 in damages based upon allegations that unsuitable mutual fund recommendations had been made to the customer.
Thereafter, a customer initiated investment related arbitration claim regarding Henderson’s activities was resolved for $51,000.00 in damages supported by accusations that the customer was poorly advised and provided false or misleading information by Henderson with regard to inverse and leveraged exchange traded funds that were held in the customer’s account. FINRA Arbitration No. 10-05615 (June 3, 2011). Subsequently, a customer initiated investment related arbitration claim involving Henderson’s conduct was settled for $150,000.00 in damages founded on allegations that misrepresentations had been made to the customer concerning equities, and investment recommendations were not suitable for the customer. FINRA Arbitration No. 12-00332 (Feb. 11, 2013).
