{"id":19075,"date":"2020-07-15T11:11:47","date_gmt":"2020-07-15T16:11:47","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19075"},"modified":"2020-07-16T11:33:19","modified_gmt":"2020-07-16T16:33:19","slug":"charles-kenahan-investigated-for-churning","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/charles-kenahan-investigated-for-churning\/","title":{"rendered":"Ex-Merrill Lynch Brokers Charles Kenahan & Dermod Cavanaugh Investigated for Alleged Churning After Over $200M in Losses"},"content":{"rendered":"

Ex-New Hampshire Governor is Suing For Damages\u00a0<\/span><\/h2>\n

The New Hampshire Bureau of Securities Regulation is looking into allegations brought by the state\u2019s former governor, Craig Benson, who is accusing ex-Merrill Lynch brokers Dermod Cavanaugh and Charles Kenahan of churning his account and causing over $50M in damages that with market adjustments, he claims, is now over $100M. Benson filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against the broker-dealer and the two men.<\/span><\/p>\n

Merrill Lynch is a Bank of America (BAC) subsidiary. Churning is when a broker makes excessive trades in a customer\u2019s account in order to earn commissions.<\/span><\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Ex-New Hampshire Governor is Suing For Damages\u00a0 The New Hampshire Bureau of Securities Regulation is looking into allegations brought by the state\u2019s former governor, Craig Benson, who is accusing ex-Merrill Lynch brokers Dermod Cavanaugh and Charles Kenahan of churning his account and causing over $50M in damages that with market adjustments, he claims, is now […]<\/p>\n","protected":false},"author":2,"featured_media":19076,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,3775,3800],"tags":[4382,2659,4383,3093],"class_list":["post-19075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-fraud","category-churning","category-merrill-lynch","tag-charles-kenahan","tag-churning","tag-dermod-cavanaugh","tag-merrill-lynch"],"yoast_head":"\nEx-Brokers Charles Kenahan & Dermod Cavanaugh Investigated For 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