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Investigating Complaints Against Robert Merlo and Allstate Financial Services, LLC.

Skeptical couple reviewing investment scam.

Did you suffer investment losses after working with Robert Gerard Merlo a/k/a Robert Gerald Merlo, a broker and financial advisor formerly registered with the Financial Industry Regulatory Authority (FINRA) through the Midland Park, New Jersey office of Allstate Financial Serices, LLC (Allstate Financial) If so, the attorneys of Investment Loss Recovery Group want to help you. We are now investigating potential complaints against Robert Merlo for fraudulent investments.

Our law firm works with clients nationwide who have lost money due to the negligence and/or misconduct of brokers and financial advisors whom they had trusted to provide sound investment advice and to ethically and responsibly handle their accounts. We bring more than 40 years of combined legal experience to our clients as well as in-depth knowledge of the financial services industry. Both of our attorneys have backgrounds as licensed securities brokers and as defense counsel for large Wall Street brokerage firms.

Contact us today if you incurred investment losses after working with Mr. Merlo or Allstate Financial. We will review your potential claims in a free and confidential consultation.

Who Is Robert G. Merlo?

You can find information about Robert G. Merlo (CRD# 1608409) through a database which is available online and accessible by the public, the FINRA Central Registration Depository (CRD) and Brokercheck. Based on his FINRA BrokerCheck Report:

Mr. Merlo has worked in the financial services industry since 1987. Prior to 2004 he was employed by PruCo Securities and other firms, but it is unclear as to what his FINRA regiistration status was with those prior firms. Since 2004 he has been registered with only one FINRA firm, he has been registered through:

FINRA Brokercheck records reflect Mr. Merlo was registered with a FINRA Series 6 license in 2004, and a Series 63 license in 2012. Mr. Merlo’s FINRA Brokercheck report discloses a pending criminal charge disclosure, an employment separation disclosure, and a regulatory disclosure.

What are the Recent Reported Disclosures on Robert Merlo’s FINRA Brokercheck?

The most recent disclosure on Robert Merlo’s FINRA Brokercheck was filed in October 2018 and FINRA regulators alleged that he failed to respond to a request for information which resulted in his being barred from the industry indefinitely as of January 15, 2019. In March 2018, Allstate Financial reported an employment discharge after receiving a grand jury indictment charging conspiracy to commit wire fraud, wire fraud, and aggravated identity theft. In February 2018, the pending criminal charges were reported. See FINRA Brokercheck report for additional details.

How Can You Recover Investment Losses Involving Mr. Merlo or Allstate Financial?

If you suffered investment losses involving Mr. Merlo or Allstate Financial or if you suspect your accounts or investments were handled negligently or improperly, you may wish to seek legal advice and a no-cost review of your accounts or investments as soon as possible. You may be entitled to a recovery of your losses in addition to other damages. You may also have the right to file a private, confidential FINRA complaint against any broker, or brokerage firm that failed to properly handle your investment account, or may have failed to adequately supervise your investment accounts, or Mr. Merlo’s conduct as a broker and financial advisor.

The skilled securities arbitration and investment fraud lawyers of Investment Loss Recovery Group have an insider’s view of the legal and regulatory issues that can affect a case, and we understand how brokerage firms evaluate these matters. We can review your case and present you with a strategic plan to help you recover your investment losses as expeditiously as possible.

We serve clients throughout the country. Contact us today for a free consultation and find out more about how we can assist you.

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