Jonathan William Lonske of Boston Massachusetts a stockbroker currently registered with Morgan Stanley is referenced in a customer initiated investment related written complaint on October 3, 2017 where the customer requested unspecified damages supported by allegations that between 2009 and 2016, Lonske executed unsuitable closed-end funds, structured products and unit investment trust transactions in the customer’s account. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-03106 (Dec. 8, 2017).
FINRA Public Disclosure reveals that Lonske has been identified in four additional customer initiated investment related disputes containing accusations of Lonske’s misconduct while employed with Morgan Stanley Smith Barney Inc. and UBS PaineWebber Inc. Particularly, on November 27, 2001, a customer initiated investment related complaint involving Lonske’s conduct was settled to resolve allegations that mutual fund transactions were effected in the customer’s account that were not suitable for the customer, and misrepresentations had been made to the customer about mutual funds.
Subsequently, on November 10, 2011, a customer initiated investment related complaint concerning Lonske’s activities was settled for $50,000.00 in damages based upon accusations of misrepresentation concerning the customer’s mutual fund purchase. On March 1, 2016, a customer initiated investment related complaint regarding Lonske’s conduct was resolved for $36,158.86 in damages founded on allegations of misrepresentation relating to the customer’s structured notes purchases.
Moreover, a customer filed an investment related arbitration claim involving Lonske’s activities in which the customer sought unspecified damages supported by accusations that bad investments were placed in the customer’s managed accounts from 2008 to 2017. FINRA Arbitration No. 18-00009 (Jan. 10, 2018).
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