RICHARD HAROLD PORCO

RICHARD HAROLD PORCO is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 105 S BEDFORD RD, MOUNT KISCO, NY, 10549.

RICHARD HAROLD PORCO has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since May 15, 2015

Disclosure History

RICHARD HAROLD PORCO has 2 Disclosure Event(s).

Date: November 13, 2002
Category: Customer Dispute
Allegations: CLIENT ALLEGED THAT FINANCIAL ADVISOR MADE UNAUTHORIZED PURCHASE IN HER ACCOUNT.
Damage Amount Requested: $14,975.00

Date: May 29, 2002
Category: Customer Dispute
Allegations: CLIENTS ALLEGE FINANCIAL ADVISOR FAILED TO FOLLOW THEIR INSTRUCTIONS AND TRADED IN THE ACCOUNTS WITHOUT THEIR AUTHORIZATION.
Damage Amount Requested: $50,000.00
Settlement Amount: $5,000.00
Broker Comment: IN THE INTEREST OF CUSTOMER SERVICE, WITHOUT ADMITTING ANY LIABILITY, AND TO AVOID THE COSTS ASSOCIATED WITH LITIGATION, MORGAN STANLEY SETTLED THIS MATTER FOR $5,000.00

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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