INVESTIGATION: Ma Rosa Linan Abrego of McAllen, TX
Ma Rosa Linan Abrego, formerly with Merrill Lynch, Barred from Securities Industry
Have you lost money with financial advisor Ma Rosa Linan Abrego from McAllen, Texas? We are looking into allegations made by FINRA (the Financial Industry Regulatory Authority) against Abrego. FINRA barred her from the securities industry after she failed to respond to an investigation. Linan Abrego was being investigated after he was terminated by his former brokerage firm, Merrill Lynch, regarding allegations that she misappropriated or stole funds from clients.
Abrego was a registered representative and financial advisor with Merrill Lynch from December 2016 to July 2019. She worked out of a branch office in McAllen, Texas.
Broker-dealers like Merrill Lynch have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives. Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations. When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Merrill Lynch.
Click to view: Linan Abrego Ma Rosa FINRA AWC
Click to view: Linan Abrega Ma Rosa BrokerCheck 11.7.198
If you have lost money with Ma Rosa Linan Abrego and Merrill Lynch, and want to hear about ALL legal options, CONTACT ISRAELS & NEUMAN at 720-599-3505.