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Saly Glassman: Seven Customer Complaints

Saly GlassmanPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on August 30, 2016 indicate that Pennsylvania- and Florida-based Merrill Lynch broker/adviser Saly Glassman has received numerous customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms. Glassman (CRD# 722933).

Saly Glassman has spent 35 years in the securities industry and has been registered with Merrill Lynch in Blue Bell, Pennsylvania and Wellington, Florida since 1981. She is a registered broker and investment adviser with 47 US states and territories.

According to her BrokerCheck report, Saly Glassman has received seven customer complaints and one pending customer complaint.

In July 2016 a customer alleged Saly Glassman, while employed at Merrill Lynch, executed excessive trades, made unsuitable recommendations, and misrepresented material facts. The customer is seeking $5,000,000 in damages in the pending complaint.

In 2009 a customer alleged Saly Glassman, while employed at Merrill Lynch, misrepresented and recommended unsuitable investments. The complaint resulted in an award to the customer of $52,647.

In 2004 a customer alleged Saly Glassman, while employed at Merrill Lynch, made unsuitable recommendations and over-concentrated the account. The complaint settled in 2005 for $53,250.

In 2002 a customer alleged Saly Glassman, while employed at Merrill Lynch, recommended unsuitable investments and failed to follow instructions. The complaint settled in 2004 for $97,500.

In 1995 a customer alleged Saly Glassman, while employed at Merrill Lynch, recommended unsuitable limited partnerships. The complaint settled for $10,000.

In 1995 a customer alleged Saly Glassman, while employed at Merrill Lynch, recommended investments that declined in value. The complaint settled for $12,155.

In 1994 a customer alleged Saly Glassman, while employed at Merrill Lynch, recommended unsuitable investments. The complaint settled for $13,720.

In 1992 a customer alleged Saly Glassman, while employed at Merrill Lynch, misrepresented material facts and recommended unsuitable investments. The complaint resulted in an award to the customer of $33,408.

If you or someone you know has lost money investing with Saly Glassman, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.