Adam Jesse Gurien, Broker with Merrill Lynch, Named in Customer Dispute Alleging Misrepresentation and Unsuitability

INVESTORS: Merrill Lynch broker Adam Jesse Gurien was named in a customer dispute alleging misrepresentation and unsuitability.

Adam Jesse Gurien (CRD: 2302341) is registered as a broker and investment adviser with Merrill Lynch, where he’s been employed since 2011. Previously, Gurien was registered as a broker and investment adviser with Wells Fargo from 2001 until 2011.

Gurien has five disclosures on his BrokerCheck report. Three customer disputes filed against Gurien were denied.

September 2022 Customer Dispute

Status: Pending

Allegations: The customers allege that the Financial Advisor did not act in their best interest, made unsuitable investment recommendations and misrepresentations in September of 2021.

Damage Amount Requested: $650,000.00

Broker Comment: The Financial Advisor strongly denies the allegations of the Statement of Claim and intends to vigorously defend the matter.

November 2004 Customer Dispute

Status: Settled

Allegations: Retired NJ resident claims FA made unsuitable investments in an IRA, a rollover 401(K) and individual accounts. Claimant alleges FA placed the majority of her assets in high risk equity funds and variable annuities which she claims idd not meet her conservative objectives or her need for income. Alleged events occurred from 1999-2001. Claims damages of $250,000.00.

Damage Amount Requested: $250,000.00

Settlement Amount: $1,500.00

Broker Comment: Settled

The Sonn Law Group is currently investigating allegations surrounding Adam Jesse Gurien. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.