Joseph Adam Eisler of New York, New York, a stockbroker registered with Morgan Stanley, was the subject of a customer initiated investment related complaint that was settled on March 20, 2023, for $900,000.00 in damages based upon allegations that Eisler made misrepresentations of material fact in connection with the sale of stocks.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Eisler is referenced in three other customer initiated investment related disputes concerning Eisler’s conduct while associated with securities broker dealers, including Morgan Stanley. On April 28, 2008, a customer initiated investment related complaint involving Eisler’s conduct was settled for $6,150,000.00 in damages based upon allegations that Eisler caused the customer to experience losses on auction rate securities.
On April 6, 2009, another customer filed an investment related complaint involving Eisler’s conduct in which the customer requested $58,922.00 in damages based upon allegations that Eisler failed to follow instructions and made unsuitable recommendations of mutual funds.
Eisler was also referenced in a customer initiated investment related complaint filed on June 2, 2010, in which the customer requested compensation based upon allegations that Eisler engaged in unauthorized trading and made unsuitable recommendations of stocks and mutual funds.
Eisler was permitted to resign by Morgan Stanley Wealth Management on December 18, 2022, based upon allegations that Eisler made unauthorized communications with customers regarding securities business.
Eisler was associated with Morgan Stanley in New York, New York, as a stockbroker and an investment advisor representative from June 1, 2009, to December 19, 2022. Eisler has been associated with LPL Financial LLC in East Hampton, New York, as an investment advisor representative since January 27, 2023, and as a stockbroker since December 19, 2022.
