PARAM I PURI is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 8121 TRILLIUM CR, GRAND BLANC, MI, 48439.
PARAM I PURI has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since November 03, 1989
Disclosure History
PARAM I PURI has 2 Disclosure Event(s).
Date: May 02, 2003 Category: Customer Dispute Allegations: CUSTOMER ALLEGES UNAUTHORIZED TRADING BY FA IN HIS ACCOUNTS. DAMAGES UNSPECIFIED.UNSUITABLE RECOMMENDATION; UNAUTHORIZED PURCHASE. Damage Amount Requested: $161,024.00 Settlement Amount: $20,000.00
Date: July 01, 1988 Category: Customer Dispute Allegations: ALLEGED IMPROPER CONDUCT ON THE PART OF RONEY& CO. AND MYSELF PRIMARILY REGARDING [CUSTOMER'S] TRADING OFOPTIONS. [CUSTOMER] ASSERTED THAT HIS DAMAGES WERE $31,522.60 LESSTHE VALUE OF HIS ACCOUNT AND THAT RONEY & CO. HAD PROFITEDTHROUGH COMMISSIONS AND MARGIN INTEREST IN THE AMOUNT OF$10,830.00. Settlement Amount: $10,000.00 Broker Comment: THE SETTLEMENT PRIOR TO NASD ARBITRATION WASENTERED INTO IN ORDER TO AVOID FURTHER COSTS AND EXPENSES. THEAMOUNT OF THE SETTLEMENT WAS $10,000.00 WHICH HAS BEEN PAID BYRONEY & CO.
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