According to the Financial Industry Regulatory Authority (FINRA), Robert Yahney, a Merrill Lynch broker in Tampa, Florida, has multiple complaints against him. Mr. Yahney has been accused of unsuitable investment advice and investment strategy and options recommendations. In May 2017, a complaint filed against him alleged $1,000,000 in damages stemming from allegations of unsuitable investment recommendations and misrepresentation from February 2012 until June 2014. The claim is currently pending. Another claim alleged unsuitable investment recommendations and misrepresentation from August 2012 until July 2014, causing $300,000 in damages. That claim is also currently pending. Brokers have a responsibility to only recommend and sell those investments that are suitable for their clients, and, if they do not, their brokerage firm may be liable for losses, because it has a duty to reasonably supervise its employees. Mr. Yahney is currently registered with Merrill Lynch in Tampa, Florida and has been since November 1999. He has five customer disputes against him, four of which are currently pending. This is according to his online BrokerCheck report with FINRA.
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