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        <title><![CDATA[Pennington - Israels & Neuman, PLC]]></title>
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                <title><![CDATA[ELAN SANKER of Merrill Lynch is BARRED for Customer Complaint]]></title>
                <link>https://www.israelsneuman.com/blog/elan-sanker-merrill-lynch-barred-customer-complaint/</link>
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                <dc:creator><![CDATA[Israels & Neuman, PLC]]></dc:creator>
                <pubDate>Tue, 08 Oct 2024 15:11:16 GMT</pubDate>
                
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                    <category><![CDATA[Elan Sanker]]></category>
                
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                <description><![CDATA[<p>Elan Sanker, Formerly with Merrill Lynch, Barred from Securities Industry PENNINGTON, NEW JERSEY Were you a customer of financial advisor Elan Sanker? Israels & Neuman is looking into allegations against this advisor, who previously worked in Pennington, New Jersey. Mr. Sanker was barred by FINRA after he refused to respond to an investigation. FINRA began&hellip;</p>
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<h1 class="wp-block-heading"><strong> </strong><strong>Elan Sanker, Formerly with Merrill Lynch, Barred from Securities Industry</strong></h1>


<p>
<strong>PENNINGTON, NEW JERSEY     </strong>Were you a customer of financial advisor Elan Sanker? Israels & Neuman is looking into allegations against this advisor, who previously worked in Pennington, New Jersey.</p>


<p>Mr. Sanker was barred by <a href="https://www.finra.org/about/firms-we-regulate" rel="noopener noreferrer" target="_blank"><strong>FINRA</strong></a> after he refused to respond to an investigation.  FINRA began its investigation when he was terminated by his brokerage firm, Merrill Lynch, in May 2023.  A customer filed a complaint in February 2023, alleging that he engaged in “<a href="/practice-areas/advisor-negligence-and-fraud/ponzi-schemes-and-selling-away/" rel="noopener" target="_blank"><strong>selling away</strong></a>” – selling investments that were not approved or authorized by the firm, which led to Sanker’s termination in May 2023, followed by FINRA’s investigation.</p>


<p>Elan Sanker was registered with Merrill Lynch from November 2018 to May 2023.  He also previously worked with Northwestern Mutual in Pennington, New Jersey.</p>


<p>Israels & Neuman has represented thousands of investors in the past, including investors in New Jersey.  Our firm has sued many brokerage firms throughout the country.</p>


<p>VIEW FINRA AWC <a href="https://www.finra.org/sites/default/files/fda_documents/2023079098201%20Elan%20Sanker%20CRD%205580543%20AWC%20gg.pdf" rel="noopener noreferrer" target="_blank">HERE</a></p>


<p>VIEW BROKERCHECK REPORT <a href="https://brokercheck.finra.org/individual/summary/5580543" rel="noopener noreferrer" target="_blank">HERE</a>
</p>


<h2 class="wp-block-heading"><strong>If you lost money with Elan Sanker, or Merrill Lynch, contact the law firm of <a href="/contact-us/" rel="noopener" target="_blank">ISRAELS & NEUMAN</a> at (206) 795-5798 for a Free evaluation of your case.</strong></h2>


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