Melissa Plotkin Spickler (also known as Melissa P. Plotkin and Melissa P. Pott), of Bloomfield Hills, Michigan, a stockbroker associated with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related complaint that was settled on October 20, 2022, for $32,402.18 in damages based upon allegations that Spickler failed to act in the customer’s best interest in connection with the purchase of a closed-end fund when Spickler was associated with Merrill Lynch Pierce Fenner Smith Incorporated.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Spickler was referenced in four other customer initiated investment related disputes concerning Spickler’s conduct while associated with securities broker dealers. On March 16, 2004, a customer initiated investment related NASD securities arbitration claim involving Spickler’s conduct was settled for $150,000.00 in damages based upon allegations that Spickler made unsuitable recommendations of equities and mutual funds and churned the customer’s account during the time that Spickler was associated with Merrill Lynch Pierce Fenner Smith Incorporated. NASD Arbitration No. 04-01633.
On September 14, 2004, another customer filed an investment related complaint involving Spickler’s conduct in which the customer requested compensatory damages based upon allegations that Spickler failed to follow their instructions and engaged in unsuitable trading when Spickler was associated with Merrill Lynch Pierce Fenner Smith Incorporated. The complaint was denied on November 21, 2004.
Spickler was also referenced in a customer initiated investment related complaint filed on August 15, 2005, in which the customer requested $50,497.00 in damages based upon allegations that Spickler made an unsuitable recommendation of mutual funds. This complaint was denied.
Spickler was also referenced in a customer initiated investment related complaint that was settled on October 19, 2022, for $39,663.08 in damages based upon allegations that Spickler failed to act in the trustees’ best interest in connection with the sale of a closed-end fund.
Spickler has been associated with Merrill Lynch Pierce Fenner Smith Incorporated in Bloomfield Hills, Michigan as a stockbroker since November 25, 1980, and as an investment adviser representative since August 26, 1986.
