News Coverage


Merrill Broker Sues Firm for Allegedly Stealing Accounts During Medical Leaves

Merrill Broker Sues Firm for Allegedly Stealing Accounts During Medical Leaves

- Advisor Hub
A Merrill Lynch broker in Denver has sued the firm in federal court, claiming that its systemic “sabotage” of his relationship with clients during and following two medical leaves have cost him hundreds of thousands of dollars.
Kirk Kringel, who joined Merrill in October 2010 after 14 years with Morgan Stanley and its Dean Witter predecessor, alleged in a case filed last week in federal court in Colorado that Merrill retaliated against him for taking two leaves, violating his...

Testing the Protocol, Merrill Sues Team Members Who Left with Client Data

Testing the Protocol, Merrill Sues Team Members Who Left with Client Data

- Advisor Hub
In a case that tests the limits of the Protocol for Broker Recruiting, Bank of America Merrill Lynch has asked a federal judge to prevent two former members of a large Miami team from using client contact information they took with them to another broker-dealer, according to a lawsuit filed Tuesday.
In a complaint filed in the Southern District of Florida, Merrill alleges that Juan Doria and Emmanuel Casuscelli took names and other data on 25 clients with them when they moved to UCAP...