Alex Gierbolini Received Five Customer Complaints

Alex Gierbolini

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on December 25, 2016 indicate that Puerto Rico-based Merrill Lynch broker/adviser Alex Gierbolini has received multiple resolved or pending customer complaints. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Gierbolini (CRD# 2894231).

Alex Gierbolini has spent nineteen years in the securities industry and has been registered with Merrill Lynch in Guaynabo, Puerto Rico since 2012. Previous registrations include UBS Financial Services in Guaynabo, Puerto Rico; UBS Financial Services in Guaynabo, Puerto Rico; Popular Securities in San Juan, Puerto Rico; and Dean Witter Reynolds in Purchase, New York. He is a registered broker and investment adviser with eight US states and territories: California, Colorado, Florida, Maryland, New York, North Carolina, Puerto Rico, and Texas.

According to his BrokerCheck report, Alex Gierbolini has received five customer complaints and ten pending customer complaints.

In October 2016 a customer alleged Alex Gierbolini, while employed at UBS Financial Services, failed to supervise investments in municipal bonds and closed end funds. The customer is seeking $688,000 in damages in the pending complaint.

In September 2016 a customer alleged Alex Gierbolini, while employed at UBS Financial Services and Merrill Lynch, misrepresented and omitted material facts, and recommended unsuitable investments. The customer is seeking $214,000 in damages in the pending complaint.

In September 2016 a customer alleged Alex Gierbolini, while employed at UBS Financial Services, over-concentrated investments, made unsuitable recommendations, and made misrepresentations of material facts. The customer is seeking $400,000 in damages in the pending complaint.

In July 2016 a customer alleged he, while employed at Merrill Lynch, misrepresented and omitted material facts related to an investment and recommended an unsuitable product. The customer is seeking $2,000,000 in damages in the pending complaint.

In May 2016 a customer alleged he, while employed at Merrill Lynch and UBS Financial Services, made unsuitable investment recommendations and misrepresented material facts. The customer is seeking $500,000 in damages in the pending complaint.

In November 2015 a customer alleged he, while employed at UBS Financial Services, misrepresented material facts and recommended unsuitable municipal bonds and closed-end funds. The customer is seeking $1,113,000 in damages in the pending complaint.

In 2014 a customer alleged he, while employed at UBS Financial Services, recommended an unsuitable investment in Puerto Rico bonds. The complaint settled in January 2016 for $187,500.

If you have lost money investing with Alex Gierbolini, you may be entitled to recoup your losses. Call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect money. 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.