Scott Michael Nash, of Longport, New Jersey, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $216,208.00 in damages based upon alleged excessive and unsuitable trading in fixed income securities during the time that Nash was associated with Janney Montgomery Scott LLC. FINRA Arbitration No. 23-01018 (April 17, 2023).
Nash has been referenced in two other customer initiated investment related disputes concerning Nash’s conduct in the securities industry. FINRA Public Disclosure shows that Nash was also referenced in a customer initiated investment related complaint that was settled on February 22, 2022, for $64,000.00 in damages based upon alleged excessive trading in stocks when Nash was associated with Janney Montgomery Scott LLC.
On February 2, 2023, a complaint was settled for $17,729.51 in damages based upon alleged misrepresentations of material fact in connection with the terms of the customer’s margin rate.
Nash has been associated with Merrill Lynch Pierce Fenner Smith Incorporated in Mount Laurel, New Jersey, since November 11, 2022, as both a stockbroker and investment advisor representative. He was associated with Janney Montgomery Scott as a stockbroker in Philadelphia, Pennsylvania, from May 23, 1984, to November 11, 2022.
