Ian Andrew Sharpe of Houston, Texas, a stockbroker currently registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated, is the subject of a customer initiated investment related written complaint on September 26, 2016, in which the customer sought $150,000.00 in damages founded on allegations that unit investment trust trades were placed in the customer’s account on an excessive, unsuitable and unauthorized basis between March of 2012 and July of 2016.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Sharpe has been referenced in four additional customer initiated investment related disputes pertaining to accusations of his wrongdoing while employed with Merrill Lynch. Specifically, on September 30, 2003, a customer filed an investment related written complaint concerning Sharpe’s activities, where the customer requested $300,000.00 in damages based upon allegations that Sharpe poorly advised the customer concerning over-the-counter equities.

Subsequently, a customer was awarded $5,000.00 in damages in reference to an investment related arbitration claim containing findings that trades were effected in the customer’s account by Sharpe without the customer’s authorization. National Association of Securities Dealers (NASD) Arbitration No. 05-03072 (July 17, 2016). On November 11, 2008, another customer filed an investment related written complaint regarding Sharpe’s activities, alleging that stock recommendations were not appropriate for the customer.

Moreover, a customer initiated investment related written complaint regarding Sharpe’s activities was resolved for $200,000.00 in damages founded on accusations that Sharpe made unsuitable investment recommendations and misrepresentations relating to equity transactions placed in the customer’s account. FINRA Arbitration No. 10-00483 (Apr. 26, 2011).

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