Bryan Jeffrey Schon of Bloomfield Hills Michigan a stockbroker currently registered with Morgan Stanley is the subject of a customer initiated investment related written complaint on December 11, 2017 in which the customer requested unspecified damages supported by accusations that between 2014 and 2016, energy bond transactions effected in the customer’s account were not suitable for the customer given the customer’s objectives for investing or financial circumstances.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Schon has been identified in four additional customer initiated investment related disputes containing allegations of Schon’s misconduct during the time that he was associated with Chase Investment Services Corp. and UBS Financial Services Inc. In particular, on October 7, 2008, a customer filed an investment related complaint concerning Schon’s conduct where the customer sought $29,402.80 in damages founded on accusations that bad mutual fund transactions had been executed in the customer’s account while Schon was associated with Chase Investment Services Corp.
Then, on April 15, 2009, a customer filed an investment related complaint involving Schon’s activities in which the customer requested damages estimated to exceed $5,000.00 supported by accusations that while Schon was employed by UBS Financial Services Inc., the customer was placed into a private equity fund despite the investment failing to conform to the customer’s objectives for investing. On July 9, 2009, another customer initiated investment related complaint regarding Schon’s activities was settled for $48,918.18 in damages based upon allegations that while Schon was associated with Chase Investment Services Corp., misrepresentations had been made to the customer concerning the terms and conditions of a mutual fund investment sold to the customer; and the mutual fund transaction effected in the customer’s account was not appropriate for the customer.
Thereafter, on November 14, 2011, a customer initiated investment related complaint concerning Schon’s conduct was settled to resolve allegations that the customer’s managed account investment instructions had been disregarded; false or misleading statements were made concerning the customer’s managed account investment; and investment transactions were unsuitable.
Schon has been employed by Morgan Stanley since November 1, 2012.
