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FRANK JOSEPH MIRABELLA

FRANK JOSEPH MIRABELLA is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 5065 WESTHEIMER RD, HOUSTON, TX, 77056.

FRANK JOSEPH MIRABELLA has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since May 14, 1992

Disclosure History

FRANK JOSEPH MIRABELLA has 5 Disclosure Event(s).

Date: January 09, 2004
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES FA MADE UNSUITABLE INVESTMENTS AND RECOMMENDATIONS.
Damage Amount Requested: $428,279.00 Damages Granted: $137,000.00
Broker Comment: THE AWARD ASSESSED BY THE PANEL AGAINST MR. MIRABELLA WAS $33,000 PLUS $1250 INTREST.THE TOTAL AWARD WAS $137,000 WHICH MERRILL LYNCH PAID IN FULL.

Date: August 20, 2002
Category: Customer Dispute
Allegations: CUSTOMER ALLEGES THAT FINANCIAL ADVISOR NEVER EXPLAINED THE DIFFERENT SHARE CLASSES OF MUTUAL FUNDS TO HIM OR EXPLAINED THE PENALTIES WITH SELLING B SHARES.
Damage Amount Requested: $9,000.00
Broker Comment: THIS CLAIM HAS BEEN DENIED AND IS DEEMED TO BE WITHOUT MERIT.

Date: February 22, 2002
Category: Customer Dispute
Allegations: CUSTOMER ALLEGES THAT FINANCIAL ADVISOR INVESTED HIM IN CLASS B SHARES AGAINST HIS WISHED AND DETRIMENTAL TO HIS INTERESTS. NO SPECIFIC AMOUNT OF COMPENSATORY DAMAGES WERE ALLEGED.
Broker Comment: THIS CLAIM HAS BEEN DENIED AND IS DEEMED TO BE WITHOUT MERIT.

Date: May 03, 2000
Category: Customer Dispute
Allegations: CUSOTMER ALLEGES THAT MR. MIRABELLA FAILED "TO MINIMIZE MY TRANSACTION FEES BY PLACING ME IN AN EXCESSIVE NUMBER OF FUND FAMILIES...[FAILED] TO PROVIDE EFFECTIVE, ACCURATE AND TIMELY SERVICE...[AND FAILED] TO RESPOND TO MY REQUEST FOR INVESTMENT INFORMATION".
Damage Amount Requested: $45,000.00
Broker Comment: RESPONDED TO NO MERIT - AS PER MERRILL LYNCH'S RESPONSE DATED 2/8/01.

Date: February 08, 1999
Category: Customer Dispute
Allegations: IN RESPONSE TO A CUSTOMER SATISFACTIONSURVEY, CUSTOMER INDICATES THAT SHE WAS NOT MADE AWARE OFREDEMPTION FEES AND PROBLEMS IN HER MUTUAL FUNDS. NO SPECIFICDAMAGES WERE ALLEGED. THIS OCCURRED AT MERRILL LYNCH.
Broker Comment: RESPONDED NO MERIT.FINANCIAL CONSULTANT DENIES EACH AND EVERYALLEGATION. CUSTOMER RECEIVED PROSPECTUS ON ALL THE FUNDSWHICH INDICATED THE APPLICABLE SALES CHARGES. FURTHERMORE, MR.MIRABELLA STATES THAT HE DISCUSSED THE SALES CHARGES BEFORE ALLTHE PURCHASE IN QUESTION.

More Information

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