Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Former Merrill Lynch Broker Frank Zito Discharged Over Allegations of Selling Away

Frank Zito was discharged from Merrill Lynch earlier this year in connection to allegations that he participated in selling away and failed to inform the firm that he was involved in outside business activities. This alleged misconduct violated the firm's standards, resulting in his termination. He is currently registered as a broker with the investment firm of Coker & Palmer.

According to his BrokerCheck report, Zito has been the subject of two customer disputes, with allegations of misrepresentation and unsuitable investment recommendations during the time in which he was working at Merrill Lynch. One complaint is currently pending and requests damages of $571,000.

In addition to working for Merrill Lynch, he was also registered with Morgan Keegan & Company, Amsouth Investment Services, Invest Financial Corporation, Deposit Guaranty Investments, and Prudential Securities.

If you suffered financial losses while working with Frank Zito, you are encouraged to call the investment fraud attorneys at Meyer Wilson. Our team is experienced in representing investors across the nation who have been the victims of Ponzi Schemes and selling away. Since we accept cases on a contingency basis, we won't get paid until we recover money on your behalf. Give our office a call today at (614) 532-4576 for a free consultation. You may be able to recoup some or all of your losses.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

614-224-6000
305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

310-905-8688
2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

216-600-1355
4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

248-817-8214
41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram