Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on September 9, 2016 indicate that Texas-based Merrill Lynch broker/adviser Stephen Medina has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Medina (CRD# 2614773).
Stephen Medina has spent 21 years in the securities industry and has been registered with Merrill Lynch in Corpus Christi, Texas since 1995. He has no previous registrations. He is a registered broker and investment adviser with 20 US states and territories: Alabama, Alaska, Arizona, California, Florida, Georgia, Iowa, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Pennsylvania, Tennessee, Texas, Virginia, Washington, and Wisconsin.
According to his BrokerCheck report, Stephen Medina has been the subject of three customer complaints and one denied customer complaint.
In May 2016, a customer alleged Stephen Medina, while employed at Merrill Lynch, executed unauthorized trades, misrepresented material facts, and made unsuitable recommendations. The customer sought $851,638 in damages in the complaint, which was denied.
In 2003, a customer alleged Stephen Medina, while employed at Merrill Lynch, made unsuitable recommendations. The complaint settled in 2004 for $400,000.
In 2003, a customer alleged Stephen Medina, while employed at Merrill Lynch, made unsuitable recommendations and misrepresented material facts. The complaint settled in 2005 for $175,000.
In 2002, a customer alleged Stephen Medina, while employed at Merrill Lynch, committed fraud, engaged in deceptive trade practices, breached his fiduciary duty, breached contract, acted negligently, executed unauthorized trades, and failed to diversify the account. The complaint resulted in an award to the customer of $43,394.
If you have lost money investing with Stephen Medina, you may be able 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 a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.