Chris S. Stocks of Paradise Valley, Arizona, a stockbroker registered with Morgan Stanley DW Inc., has been discharged as a stockbroker on November 11, 2021, based upon allegations that Stocks engaged in outside activities pertaining to a hotel investment involving customers of the securities broker dealer.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Stocks is referenced in two total customer initiated investment related disputes concerning his conduct while associated with Morgan Stanley DW Inc. On June 18, 2002, a customer filed an investment related complaint involving Stocks’ activities in which the customer requested compensatory damages based upon allegations that Stocks breached a fiduciary duty, acted negligently, and made unauthorized transactions with regard to the recommendation and sale of options when Stocks was associated with Morgan Stanley DW Inc.
Stocks is also referenced in a customer initiated investment related complaint that was settled on May 21, 2002, for $1,000.00 in damages based upon allegations that Stocks made misrepresentations in connection with the recommendation and sale of bonds when Stocks was associated with Morgan Stanley DW Inc.
Stocks has been associated with Prospera Financial Services Inc. since 2022. From 2011 to 2021, he was associated with Morgan Stanley as an investment advisor representative. From 2009 to 2021, he was associated with Morgan Stanley as a stockbroker.
