Advisor Alert: Our Attorneys Are Investigating Edward Steven Mercer For Investment Fraud
Did You Lose Money Because of Ed Mercer?
Filed: January 30, 2024
Edward Mercer (also known as Ed Mercer) has been the subject of one (1) regulatory event, one (1) termination event, and one (1) criminal event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Edward Steven Mercer.
Who Is Edward Steven Mercer?
- Advisor Name: Edward Steven Mercer
- Aliases: Ed Mercer
- CRD: 1839328
- Location: Coral Springs, Florida
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: Cambridge Investment Research Inc., LPL Financial LLC, Middlebury Securities LLC
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Number of Known Criminal Events: 1
- Can Edward Mercer Be Sued: Yes, in Private Arbitration
- Can Edward Mercer’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: Unknown
If you have suffered investment losses by Edward Mercer, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Ed Mercer For Broker Misconduct
As of this publication date, Edward Mercer has been the subject of 1 regulatory event, 1 termination event, and 1 criminal event. Let’s review them below.
In November 2023, FINRA initiated a regulatory action against or in reference to Edward Mercer for refusing to appear for on-the-record testimony requested by FINRA in connection with its investigation into a customer’s investment in a crypto asset offering away from his member firm.
In November 2023, Cambridge Investment Research Inc. terminated Edward Mercer for tendering a resignation; however, based on the Firm’s understanding that the FP was unwilling to cooperate with either the regulator’s or the Firm’s requests for information, the Firm was already in the process of terminating its relationship with the FP and accepted the resignation.
In November 1982, felony charges were pressed against Mr. Mercer in Courts of Marion Co. Fla. Mr. Mercer received a felony charge for driving under the influence & possession of a controlled substance.
How To File A Claim Against Ed Mercer (previously with Cambridge Investment Research Inc., LPL Financial LLC, Middlebury Securities LLC) To Get Your Money Back
If you have questions about Edward Mercer, Cambridge Investment Research Inc., LPL Financial LLC, Middlebury Securities LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.