Lisa Ann Wolf, of Chicago, Illinois, a stockbroker currently registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has been named in a customer initiated investment related arbitration claim, which settled on April 10, 2015 for $150,000.00 in damages based upon allegations that from July of 2008 to June of 2014, Wolf made misrepresentations and unsuitable investment recommendations to the customer, and effected unauthorized trades in the customer’s account pertaining to structured products and over-the-counter equities.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Wolf has been identified in five additional customer initiated investment related disputes containing allegations of Wolf’s misconduct while employed with Merrill Lynch. Specifically, on June 12, 2002, a customer filed an investment related complaint involving Wolf’s conduct, in which the customer requested $142,500.00 in damages based upon allegations that Wolf failed to consult with the customer regarding over-the-counter transactions.
On March 7, 2005, a customer initiated investment related arbitration claim involving Wolf’s conduct was settled for $7,500.00 in damages based upon allegations that Wolf did not properly diversify the customer’s investment account, and made misrepresentations and omissions to the customer in addition to unsuitable investment recommendations pertaining to mutual funds investments.
Further, on December 11, 2007, a customer initiated investment related arbitration claim regarding Wolf’s activities was resolved for $37,500.00 in damages based upon allegations that Wolf effected unauthorized and excessive trades in the customer’s account, and made unsuitable mutual funds recommendations to the customer. On June 21, 2012, a customer initiated investment related arbitration claim involving Wolf’s conduct was settled for $3,825.46 in damages based upon allegations that Wolf made unsuitable investment recommendations to the customer and placed trades in the customer’s account without authorization regarding structured products and mutual funds.
Subsequently, on December 11, 2013, a customer initiated investment related arbitration claim regarding Wolf’s activities was resolved for $62,500.00 in damages based upon allegations that Wolf made misrepresentations and unsuitable investment recommendations to the customer concerning mutual funds.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
