Juan L. Elwaw (also known as John Elwaw), of Miami, Florida, a stockbroker registered with Morgan Stanley, is the subject of a customer initiated investment related complaint filed on August 17, 2023. The customer requested $2,900,000.00 in damages based upon allegations that Elwaw breached his fiduciary duty in connection with the recommendation and sale of securities when Elwaw was associated with Morgan Stanley.
This is not the first time that Elwaw has been referenced in a customer initiated investment related dispute concerning his conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Elwaw is also referenced in a customer initiated investment related NASD securities arbitration claim that was settled for $110,000.00 in damages. The claim alleged that Elwaw failed to follow instructions concerning individual retirement accounts (IRAs) during the time that he was associated with Salomon Smith Barney Inc. NASD Arbitration No. 02-03164 (March 4, 2004).
Elwaw has been associated with Morgan Stanley in Miami, Florida since June 1, 2009.
