Christopher Brian Carolan (also known as Chris Brian Carolan) of Roseville California a stockbroker formerly registered with Morgan Stanley is referenced in a customer initiated investment related civil action where the customer sought $58,465.19 in damages based on allegations that unauthorized trades were executed in their account by Carolan between June of 2012 and September of 2019 when he was registered with Morgan Stanley Smith Barney. Civil Action No. S-CV-0045289 (September 16, 2020).
Carolan has been identified in two additional customer initiated investment related disputes containing accusations of his wrongful conduct when he was registered with Morgan Stanley and AG Edwards Sons Inc. FINRA Public Disclosure shows that Carolan is the subject of a customer initiated investment related written complaint in which the customer requested compensatory damages founded upon allegations that Carolan failed to disclose the illiquidity of an auction rate security that he sold to them.
Another customer initiated investment related complaint involving Carolan’s activities was settled for $250,000.00 in damages supported by accusations of misrepresentations of auction rate securities by Carolan when he was associated with AG Edwards Sons. The claim alleges that the customer was assured that the investment was secure, liquid and safe.
Carolan was registered as a stockbroker and investment adviser representative of Morgan Stanley between June 1, 2009, and November 5, 2018. Since November 2, 2018, he has been registered with Kingswood Capital Partners LLC as a stockbroker and Dimensions Wealth Management LLC as an investment adviser representative.