JOHN CHARLES LALENA

JOHN CHARLES LALENA is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 1010 NORTHERN BLVD, GREAT NECK, NY, 11021.

JOHN CHARLES LALENA has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since September 26, 1978

Disclosure History

JOHN CHARLES LALENA has 2 Disclosure Event(s).

Date: August 25, 2008
Category: Customer Dispute
Allegations: THE CUSTOMER ALLEGES MISREPRESENTATION AND UNSUITABLE INVESTMENT RECOMMENDATIONS.
Damage Amount Requested: $34,512.95
Settlement Amount: $14,999.00 08-04157

Date: November 11, 1993
Category: Customer Dispute
Allegations: CLAIM OF UNSUITABILITY WITH RESPECT TO THEPURCHASES OF TWO LIMITED PARTNERSHIPS. DAMAGES OFAPPROXIMATELY $95,000 ARE ALLEGED.
Damage Amount Requested: $95,000.00
Settlement Amount: $49,500.00
Broker Comment: CLAIM SETTLED FOR $49,500 TO AVOID THE EXPENSESAND UNCERTAINTIES OF AN ANTICIPATED LENGTHY ARBRATION.ALL CLAIMS OF WRONGDOING AND LIABILITY AND ALLCLAIMS FOR DAMAGES ARE DENIED.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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