Anthony Michael Gallea of Hendersonville, North Carolina, a stockbroker registered with Morgan Stanley, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $75,000.00 in damages based upon allegations that Gallea made unsuitable recommendations of options when Gallea was registered with Morgan Stanley. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-01148 (January 18, 2023).
FINRA Public Disclosure shows that Gallea is referenced in four other customer initiated investment related disputes concerning Gallea’s conduct while registered with securities broker dealers, including Morgan Stanley. On January 6, 2022, a customer filed an investment related complaint involving Gallea’s conduct in which the customer requested compensatory damages based upon allegations that Gallea made misrepresentations of material fact regarding an options trading strategy. The securities broker dealer denied the complaint.
On April 26, 2022, a Morgan Stanley customer filed an investment related FINRA securities arbitration claim involving Gallea’s conduct in which the customer requested compensation based upon allegations that Gallea made unsuitable recommendations of options. FINRA Arbitration No. 22-00898. This matter remains pending.
Gallea is also referenced in a customer initiated investment related complaint filed on October 14, 2022, in which the customer requested $1,315,300.00 in damages based upon allegations that Gallea made unsuitable recommendations of options. The securities broker dealer denied the complaint.
Gallea has been registered with Morgan Stanley stockbroker and investment advisor representative since July 1, 2009.
