Call Now For a Free Consultation:
(614) 502-6165

Merrill Lynch Broker Heather Weber the Subject of Numerous Customer Complaints

Brokers must understand their customers, their finances, their goals, and their risk tolerances so that they can avoid making unsuitable investment recommendations. If they fail to meet this basic professional obligation, they can be held accountable by organizations like the Financial Industry Regulation Authority (FINRA). According to a recent FINRA BrokerCheck report, Merrill Lynch broker Heather Peterson Weber may have engaged in this exact form of misconduct, as she has two pending client disputes over unsuitable investment recommendations and misrepresentation, and eight prior customer complaints for the same conduct.

A Track Record of Misconduct

Heather Weber has been working at Merrill Lynch since 2006.  In that time, she has been the subject of 10 total customer disputes, a number that puts her in the bottom 1% of brokers across the country.  Two of those complaints are currently pending, with her clients requesting damages in the amounts of $1 million and $350,000 respectively. The $1 million dispute was filed over two years ago in March 2017 and alleges that she engaged in misconduct between 2011 and 2014.

Call Meyer Wilson for Assistance Today

If you are one of the clients victimized by Ms. Weber’s actions, you could have legal rights for any losses you sustained.

At Meyer Wilson, our securities arbitration lawyers have represented more than 800 investors whose brokers engaged in unsuitable investments. Collectively, we have recovered over $350 million on behalf of our clients across the nation. It’s our goal to help you root out securities and investment fraud – and ensure that you receive fair compensation for your financial losses.

To speak with a member of our team, call (800) 738-1960 for a confidential consultation.

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
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