Richard Sica of Ridgefield Connecticut a stockbroker currently registered with Merrill Lynch Pierce Fenner Smith Incorporated is the subject of a customer initiated investment related written complaint on March 30, 2020 in which the customer requested unspecified damages based upon allegations that the customer’s investment instructions were not followed by Sica in March of 2020 as it pertained to mutual funds transactions executed during the time that Sica was associated with Merrill Lynch.
Sica has been identified in three additional customer initiated investment related disputes concerning accusations of his misconduct while employed by securities broker dealers including Merrill Lynch. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that a customer initiated investment related complaint concerning Sica’s activities was resolved for $10,707.00 in damages founded on accusations that Sica overcharged the customer on securities transactions.
Sica has been referenced in a customer initiated investment related written complaint which settled for $14,500.00 supported by allegations of unauthorized transactions being facilitated by Sica in the customer’s account which led the customer to experience undue losses on Biosystems. On May 4, 2020, another customer initiated investment related complaint pertaining to Sica’s conduct was settled for $10,160.00 in damages supported by allegations that the Merrill Lynch customer’s investment instructions had not been followed by Sica on March 13, 2020 in reference to the execution of mutual fund transactions for the customer’s account.
Sica has been registered with Merrill Lynch since November 13, 2009.
