Peter John Lingua (also known as Pete Lingua), of Springfield, Massachusetts, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related complaint that was settled on November 20, 2023, for $161,198.87 in damages based upon allegations that Lingua made misrepresentations of material fact in connection with the sale of variable annuities during the period that Lingua was associated with Merrill Lynch Pierce Fenner Smith Incorporated.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Lingua was also referenced in a customer initiated investment related complaint filed on May 24, 2002, in which the customer requested $600,000.00 in damages based upon allegations that Lingua engaged in unsuitable trading in over-the-counter equities and stocks when Lingua was associated with Merrill Lynch Pierce Fenner Smith Inc. This complaint was closed without the customer taking further action.
Lingua was associated with Merrill Lynch Pierce Fenner Smith Incorporated in Springfield, Massachusetts from September 26, 1978, to November 3, 2020.
