California-based Merrill Lynch broker/adviser Michael Jones is the subject of settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Jones (CRD# 2222919).

Michael Jones has spent eighteen years in the securities industry and has been registered with Merrill Lynch in Newport Beach, California since 2010. Previous registrations include Morgan Stanley in Laguna Niguel, California; Citigroup Global Markets in Laguna Niguel, California; Morgan Stanley DW in Purchase, New York; Investacorp; Hayne Miller Financial; and John G. Kinnard & Company. He is a registered broker and investment adviser with forty US states and territories.

According to his BrokerCheck report, Michael Jones is the subject of one customer complaint and two pending customer complaints.

In 2014 a customer alleged Michael Jones, while employed at Citigroup Global Markets, “failed to recommend a collar and/or put option as a risk management strategy to protect claimant’s concentrated position in UPS stock.” The complaint settled in September 2015 for $14,999.

In 2014 a customer alleged Michael Jones, while employed at Citigroup Global Markets, failed to recommend a proper risk management strategy to protect a concentrated position. The customer is seeking $1,250,000 in damages in the pending complaint.

In 2014 a customer alleged Michael Jones, while employed at Citigroup Global Markets, failed to recommend a proper risk management strategy to protect a concentrated position in UPS stock. The customer is seeking $500,000 in damages in the pending complaint.

If you have complaints regarding Michael Jones, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.

This article is based on publicly available information provided by FINRA on April 8, 2016.