Keith Allen Bryan of Sarasota Florida a stockbroker formerly registered with Morgan Stanley is the subject of a customer initiated investment related arbitration claim which was resolved for $24,900.00 in damages supported by accusations of misrepresentations being made by the stockbroker concerning the customer’s Morgan Stanley investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00735 (Mar. 2, 2020).
FINRA Public Disclosure shows that Bryan has been identified in three additional customer initiated investment related disputes containing allegations of his misconduct while employed by Morgan Stanley Smith Barney. On March 23, 2018, a customer initiated investment related arbitration claim involving Bryan’s conduct was settled for $100,000.00 in damages based upon accusations that the customer had been advised by Bryan to invest in exchange traded funds and over-the-counter equities including Apple and Blue Earth stocks which failed to be suitable for the customer. FINRA Arbitration No. 15-03467 (Mar. 23, 2018).
On March 24, 2018, a customer initiated investment related arbitration claim involving Bryan’s conduct was resolved for $70,000.00 in damages founded on allegations that investment recommendations were not appropriate as it pertained to the customer’s investments in energy stocks including Blue Earth between 2014 and 2016. The claim alleges that the customer’s account had been overconcentrated in unsuitable over-the-counter equities while Bryan was associated with Morgan Stanley Smith Barney.
Bryan has also been referenced in a customer initiated investment related arbitration claim which was settled for $7,000.00 in damages supported by accusations that the stockbroker initiated unsuitable municipal bond and equities transactions which resulted in losses for the Morgan Stanley customer’s account. FINRA Arbitration No. 16-03005 (Oct. 11, 2017).