Lawrence William Catena, of Naples, Florida, a stockbroker registered with Morgan Stanley Smith Barney, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon allegations that Catena made unsuitable recommendations in structured products and mutual funds when Catena was associated with Morgan Stanley Smith Barney. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-00935 (April 28, 2022).
This is not the first time that Catena has been referenced in a customer initiated investment related dispute concerning his conduct in the securities industry. FINRA Public Disclosure shows that Catena was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $247,000.00 in damages based upon alleged unsuitable recommendations in mutual funds and structured products at Morgan Stanley Smith Barney. FINRA Arbitration No. 22-00632 (September 8, 2023).
Catena was associated with Merrill Lynch Pierce Fenner Smith Incorporated in Naples, Florida from April 14, 2004, to December 7, 2020. Currently, Catena has been associated with Morgan Stanley in Naples, Florida, and Mantoloking, New Jersey since December 4, 2020.
