Public records published by the Financial Industry Regulatory Authority (FINRA) on December 16, 2016 indicate that Delaware-based Merrill Lynch broker/adviser Philip Farmer has been the subject of a customer dispute. The experienced attorneys at Fitapelli Kurta are interested in speaking to investors who have complaints regarding Mr. Farmer (CRD# 2306865).
Philip Farmer has spent 23 years in the securities industry and has been registered with Merrill Lynch in Wilmington, Delaware since December 2015. Previous registrations include UBS Financial Services in Greenville, Delaware; Morgan Stanley & Company in Wilmington, Delaware; Morgan Stanley DW in Wilmington, Delaware; Merrill Lynch in New York, New York; Prudential Securities in New York, New York; and Lehman Brothers in New York, New York. He is a registered broker and investment adviser with twenty US states and territories.
According to his BrokerCheck report, Philip Farmer has been the subject of one customer complaint and three denied customer complaints, and recently resigned from a former employer.
In December 2015 Philip Farmer voluntarily resigned from his position at UBS Financial Services while “under internal review regarding his trading practices.”
In 2015 a customer alleged Philip Farmer, while employed at UBS Financial Services, inappropriately managed accounts. The customer sought unspecified damages in the complaint, which was denied.
In 2008 a customer alleged Philip Farmer, while employed at Morgan Stanley & Company, recommended unsuitable investments in auction rate securities. The complaint settled in 2010 for $150,000.
If you or someone you know has a complaint regarding Philip Farmer, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get 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.