John RAYMOND Lembeck is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 77 BROAD ST, RED BANK, NJ, 07701.
John RAYMOND Lembeck has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since May 21, 2013
Disclosure History
John RAYMOND Lembeck has 2 Disclosure Event(s).
Date: February 19, 2015 Category: Customer Dispute Allegations: CLIENTS ALLEGE THEY WERE MISLED IN THE SALE OF TWO VARIABLE LIFE INSURANCE POLICIES. CLIENTS ARE REQUESTING THE FIRM TO INVESTIGATE THIS MATTER. DAMAGES UNSPECIFIED. Broker Comment: THE FIRM FOUND NO BASIS TO THE CUSTOMER COMPLAINT.
Date: December 07, 2005 Category: Customer Dispute Allegations: CLIENT ALLEGED THAT THE MUTUAL FUND SELECTED TO HOLD THE ASSETS OF THE 401K PLAN DURING THE BLACKOUT PERIOD OF THE SEPTEMBER 2005 PLAN CONVERSION WAS UNSUITABLE. Damage Amount Requested: $15,000.00 Broker Comment: FINDINGS REVEALED THAT THE CLIENT'S ALLEGATIONS WERE WITHOUT MERIT GIVEN THAT THE MUTUAL FUND SELECTED FOR THE BLACKOUT PERIOD WAS IN LINE WITH THE OBJECTIVES OF THE PLAN AND THE CLIENT WAS FULLY INVOLVED IN THE INVESTMENT DECISIONS MADE ON BEHALF OF THE PLAN.
More Information
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