Lionel Brooks: Sanctioned by FINRA

Lionel BrooksPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on March 13, 2017 indicate that former Rhode Island-based Merrill Lynch broker/adviser Lionel Brooks, Jr. has been sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Brooks (CRD# 2430484).

Lionel Brooks has spent seventeen years in the securities industry and was most recently registered with Merrill Lynch in Lincoln, Rhode Island (2013-2016). Previous registrations include Oppenheimer & Company in Providence, Rhode Island; Morgan Stanley & Company in Providence, Rhode Island; the Lincoln National Life Insurance Company in Fort Wayne, Indiana; Lincoln Financial Advisors in Fort Wayne, Indiana; MetLife Securities in Springfield, Massachusetts; Metropolitan Life Insurance Company in New York, New York; Equity Services in Montpelier, Vermont; Cigna Financial Advisors in Radnor, Pennsylvania; Equico Securities in New York, New York; and the Equitable Life Assurance Society of the United States in New York, New York. He is currently not registered with any state or firm.

According to his BrokerCheck report, Lionel Brooks has received one FINRA sanction and was terminated from a his former employer.

In January 2017 FINRA sanctioned Lionel Brooks following allegations he failed to respond to FINRA request for information. He was suspended from acting as a broker.

In 2015 Lionel Brooks was terminated from his position at Merrill Lynch following allegations of “Conduct involving the registered representative improperly seeking to obtain compensation to which he was not entitled in connection with customer deposits.”

If you or someone you know has complaints regarding Lionel Brooks Jr., call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.

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