Former Miami Dolphins Star to Receive $9.5M Settlement from Merrill Over Ex-Broker Charged with Grand Theft and Fraud

A former Miami Dolphins Pro Bowl defensive back, Reshad Jones, received a $9.5 million settlement in August from Merrill Lynch, where Jones’ former financial advisor worked before being arrested and charged this summer for alleged criminal activities, including grand theft, fraud and money laundering.
The ex-advisor, Isaiah T. Williams, worked at Merrill Lynch in Boca Raton, Fla., from 2017 to the end of last year, according to his BrokerCheck profile, when he voluntarily resigned from the firm in the wake of allegations of “conduct involving misappropriation, unsuitable asset allocation, misrepresentations and an improper outside business activity.”
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