Susan E. Acker Allegedly Engaged in Unsuitable Investment Recommendations
Susan Acker allegedly engaged in unsuitable investment recommendations, all according to a customer complaint disclosed in publicly available records maintained by the Financial Industry Regulatory Authority (FINRA).
The investor rights lawyers at Goldman Scarlato & Penny law firm are investigating Ms. Acker’s conduct to determine whether any investors may have claims for alleged unsuitable investment recommendations. Investors may contact investor rights attorney Alan Rosca to provide information or inquire about their legal options.
Susan Acker has worked for 21 years in the securities industry at 3 firms and has customer disputes, FINRA notes. The most recent complaint was filed on April 30, 2018, FINRA states.
Said complaint alleges unsuitable investment recommendations from 2014 to 2017, FINRA notes.
Susan Acker Has Worked at Merrill Lynch, Pierce, Fenner & Smith Inc. since 2008; Acker Has a Denied Customer Dispute from 2010 Alleging Misrepresentations
Susan Acker has worked at Merrill Lynch, Pierce, Fenner & Smith Inc. in Pittsford, New York since February 29, 2008, FINRA states.
Acker also worked for Morgan Stanley & Co. from April 2, 2007 to March 3, 2008 in Rochester, New York, and with Morgan Stanley DW, Inc. in Rochester, New York from November 29, 1996 until April 2, 2007, FINRA notes.
Susan Acker was also the subject of a customer dispute filed on July 26, 2010 alleging misrepresentations, but it was denied, FINRA states. The client also alleges that, inter alia, Acker reportedly made misrepresentations and mismanaged his retirement account from 1999 until February 2008, FINRA reports. Said dispute had requested $195,000.00, FINRA states.
Brokerage firms such as Merrill Lynch, Pierce, Fenner & Smith Inc. have a responsibility to adequately supervise all of their registered representatives who are employed through their firm, to prevent violations of securities rules and regulations. Brokerage firms also must initiate action to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. If and when brokerage firms fail to adequately supervise their registered representatives, they may be held liable for investment losses sustained by customers.
Securities Lawyer Investigating
The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Susan Acker’s alleged unsuitable investment recommendations. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to securities class actions.
If you or a loved one or a friend has lost money investing with Susan Acker, you may contact attorney Alan Rosca or his colleagues for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at email@example.com, or through the contact form on this webpage.