Fort Lauderdale Investors: Mario Martinez, Former Merrill Lynch Advisor, Barred by FINRA for Alleged Misconduct

Investors in the Fort Lauderdale area may be able to recover losses involving Mario Martinez, a former financial advisor with Merrill Lynch. Our law firm, Israels & Neuman, is looking into allegations made against Martinez, who was recently barred from the securities industry by FINRA (Financial Industry Regulatory Authority). Our Florida licensed investment fraud attorney, Dave Neuman, may be able to help you recoup your losses.

Allegations of Misappropriation Lead to $331,000 Settlement

In December 2024, a complaint was filed alleging that Martinez misappropriated customer funds through a personal loan—a major red flag under FINRA rules. That dispute settled for $331,000, prompting Merrill Lynch to terminate Martinez’s employment in January 2025.

FINRA Expels Mario Martinez for Failing to Cooperate

Following his termination, FINRA launched its own investigation into Martinez’s conduct. When he refused to provide requested documents and information, FINRA took disciplinary action by permanently barring him from working in the securities industry.

Martinez’s Employment History at Merrill Lynch

Mario Martinez worked at Merrill Lynch’s Fort Lauderdale office from October 2015 until January 2025. As a registered representative, he was required to follow strict industry regulations concerning client funds, loans, and firm supervision.

Can You Hold Merrill Lynch Accountable?

Financial professionals like Martinez may be held liable for violating securities laws or breaching fiduciary duties. In addition, brokerage firms like Merrill Lynch may also be responsible if they failed to properly supervise their advisors.

We Represent Investors Across Florida, Including Fort Lauderdale

Attorney David Neuman is licensed to practice law in Florida and has represented clients in Miami, Fort Lauderdale, and across the state. If you were a client of Mario Martinez and suspect misconduct, we may be able to help you pursue recovery through FINRA arbitration.

📞 Free Case Review for Florida Investors

To learn more about your rights and whether you can recover losses, contact Israels & Neuman at:

📱 (720) 599-3505 or (206) 795-5798

📝 Or fill out our contact form for a free consultation.

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