Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 11, 2016 indicate that Vermont-based Merrill Lynch broker/adviser George Ewins is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Ewins (CRD# 2460452).
George Ewins has spent 21 years in the securities industry and has been registered with Merrill Lynch in Burlington, Vermont since 1994. He has no previous registrations. He is a registered broker and investment adviser with 28 US states and territories, including: Alabama, California, Florida, Georgia, Illinois, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Vermont, Washington, and Wisconsin.
According to his BrokerCheck report, George Ewins is the subject of one pending customer complaint.
In 2014, a customer alleged that George Ewins, while employed at Merrill Lynch, misrepresented and recommended unsuitable investments from September 2014 through April 2014. The customer is seeking $225,000 in damages in the pending complaint.
Federal securities law prohibits brokers like George Ewins from making untrue or false statements that can mislead their clients — an act referred to as “misrepresentation.” They are similarly forbidden from omittion material facts regarding an investment, or the effect that an investment could have on the client’s finances. A “material fact” is a piece of information that would be a significant consideration for a reasonable investor in making a decision about an investment. Some examples include the risk level of a stock, the potential return on an investment, or the fees involved with the transaction. Brokers and investment advisers who misrepresent material facts may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you have lost money investing with George Ewins, you may be entitled to recover lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you recover money. By law you may have a limited time to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.