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Broker Liam O’Keeffe Barred by FINRA

shutterstock_211701538According to the Financial Industry Regulatory Authority (FINRA), former Connecticut-based Merrill Lynch broker/adviser Liam O’Keeffe has been permanently barred from acting as a broker or investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. O’Keeffe (CRD# 2049144).

Liam O’Keeffe has spent sixteen years in the securities industry and was most recently registered with Merrill Lynch in Southbury, Connecticut (2008-2015). Previous registrations include Wachovia Securities in Danbury, Connecticut (2003-2008); Prudential Securities in New York, New York (1999-2003); and Oppenheimer & Company in New York, New York (1997-1998).

According to his BrokerCheck report, Liam O’Keeffe is the subject of one regulatory sanction and one pending customer complaint.

In October 2015 FINRA sanctioned Liam O’Keeffe, while he was employed at Merrill Lynch, following allegations he “failed to provide documents and information as requested by FINRA during the course of an investigation into allegations that O’Keeffe exercised discretion in a customer’s brokerage account without written authorization and facilitated a loan away from the member firm.” Mr. O’Keeffe has signed a letter of Acceptance, Waiver, and Consent (AWC letter) agreeing to a permanent bar from the securities industry.

In March 2015 a customer alleged Liam O’Keeffe, while employed at Liam O’Keeffe, executed unauthorized trades, made unsuitable recommendations, misrepresented material facts, misappropriated and converted funds, and failed to obtain proper account documents. The customer is seeking $1,708,885 in damages in the pending complaint.

If you have lost money investing with Liam O’Keeffe, you may be eligible to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you collect money. The law establishes a limited window to file claims, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.