Shakela Carter, formerly with Merrill Lynch, Barred from Securities Industry

Have you lost money with financial advisor Shakela Carter of Fort Lauderdale, Florida?  We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Shakela Y. Carter. FINRA barred Carter from the securities industry after she failed to respond to a FINRA investigation.  FINRA was investigating Carter after she resigned from her former brokerage firm, Merrill Lynch. At the time of the resignation, Carter was under internal review for allegations that she engaged in facilitating outside investments for a client without getting approval from Merrill Lynch.

Shakela Carter was a financial advisor and registered representative of Merrill Lynch from November 2009 to February 2016.  She worked at a branch office in Fort Lauderdale, Florida.

Brokerage firms like Merrill Lynch have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms 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 throughout Florida and the Miami area.  Attorney David Neuman is licensed to practice law in Florida.  Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Merrill Lynch.

Click to view:  Carter, Shakela FINRA Order

Click to view:  Carter, Shakela BrokerCheck 7.4.18

If you lost money with Shakela Carter, or Merrill Lynch, please CONTACT US at 720-599-3505 for a free evaluation of your case.

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency.  Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency.  All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact.  This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice.  Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis.  In contingent representation, clients may still be liable for costs.