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.

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (10 S. LaSalle, Suite 3500, CHICAGO, IL 60010, 312.332.4200). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state. PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.