Florham Park, New Jersey Merrill Lynch broker Patrick McNamara was recently named in a pending customer dispute. Prior to that, he was named in other customer disputes. McNamara was accused of misrepresenting material facts, recommending unsuitable investments, recommending unsuitable debt securities, omitting material facts, and failing in his supervisory duties. All of these are against securities laws and against internal firm rules. According to the Financial Industry Regulatory Authority (FINRA), Mr. McNamara was previously registered with R.W. Peters, Rickel & Co. from December 1986 until November 1987, Moore & Schley Municipals from November 1987 until January 1988, Moore & Schley, Cameron & Co. from December 1987 until December 1988 and The GMS Group in Livingston, New Jersey from November 1988 until February 2001. He is currently registered with Merrill Lynch in Florham Park, New Jersey, and has been since March 2001. He has seven customer disputes against him, one of which is currently pending.
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