Ex-Major League Baseball outfielder Angel Pagan and his wife were awarded more than $2 million after their Merrill Lynch adviser invested the couple’s money in unsuitable Puerto Rico municipal bonds and closed-end bond funds before its debt crisis.

A three-member panel decided Merrill was liable for $1.7 million in compensatory damages, 4.5% interest since June 20, 2017, $88,758 in costs and $750 for the the nonrefundable portion of the filing fee.