Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on October 24, 2017 indicate that Pennsylvania-based Merrill Lynch broker/adviser Patrick Walsh has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Walsh (CRD# 872941).
Patrick Walsh has spent 38 years in the securities industry and has been registered with Merrill Lynch in Bala Cwynyd, Pennsylvania since 1979. He has no previous registrations. He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); and Series 7 (General Securities Representative Examination). He is a registered broker and investment adviser with 25 US states and territories: Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Illinois, Kentucky, Maine, Maryland, Massachusetts, Montana, Nevada, New Jersey, New Mexico, New York, North Carolina, Pennsylvania, Tennessee, Texas, Vermont, Virginia and Washington. His self-regulatory organization (SRO) registrations include: BOX Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, FINRA, Investors’ Exchange, MIAX PEARL LLC, Miami International Securities Exchange, NYSE American LLC, Nasdaq Stock Market, and the New York Stock Exchange.
According to his BrokerCheck report, he has received two customer complaints and one pending customer complaint.
In November 2016 a customer alleged Patrick Walsh, while employed at Merrill Lynch, misrepresented and omitted material facts, committed forgery, and misappropriated funds from April 2002 through March 2008. The customer is seeking more than $37,283,000 in damages in the pending complaint. A statement on the disclosure reads: “This arbitration is duplicative of earlier lawsuits that the same customer filed against Mr. Walsh and others. Once again, both Mr. Walsh and the firm regard the subject allegations as completely unfounded and a vigorous defense will be mounted.”
In 2011 a customer alleged Patrick Walsh, while employed at Merrill Lynch, misrepresented and recommended unsuitable stock products. The complaint settled for $89,000.
In 2010 a customer alleged Patrick Walsh, while employed at Merrill Lynch, made material misrepresentations and unsuitable investment recommendations. The complaint settled in 2011 for $175,000.
If you or someone you know has complaints regarding Patrick Walsh, 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.