Merrill Lynch Stockbroker Fabio De Andrade Subject of $24 Million Complaint

Were you a client of financial advisor Fabio De Andrade, with Merrill Lynch in Kansas City, Missouri? The securities and investment fraud law firm of Israels & Neuman is reviewing claims made by customers of this stockbroker, who is no longer registered with Merrill Lynch as of June 2026.

What Are the Allegations Against Fabio de Andrade?

According to FINRA (Financial Industry Regulatory Authority) BrokerCheck, Fabio De Andrade has been the subject of two customer complaints, both of which were made since late 2023. The most recent complaint alleges damages of $24 million related to investments in government bonds (such as Treasury bills and Treasury bonds) and related products and funds that invested in T-bills and T-notes. A 2023 complaint was denied by Merrill Lynch.

Background of Fabio de Andrade

From 2004 to June 2026, Fabio De Andrade has been a representative of Merrill Lynch and worked in a Kansas City, Missouri office.

How Can I Recover My Investment Losses?

Fabio de Andrade can be liable to customers if he made unsuitable investment recommendations or if he misrepresented material risks of an investment. Merrill Lynch can also be liable for their advisors’ conduct if it failed to reasonably supervise his conduct.

Israels & Neuman represents clients in the Kansas City area as well as nationwide. We have helped clients recover their investment losses against multiple securities brokerage firms around the country including in Kansas City, MO.

See Fabio De Andrade’s BrokerCheck Report HERE.

Contact Israels & Neuman for a Free Case Review

If you lost money with Fabio De Andrade or Merrill Lynch, Contact Us at (720) 599-3505 or (206) 795-5798 for a free evaluation of your case.

Our arbitration cases are taken on a contingency fee basis meaning no up-front costs to you. We are here to help you recover the money you deserve.

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