Martin Chris Gruner, of Winnetka, Illinois, a stockbroker registered with Morgan Stanley, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $1,500,000.00 in damages based upon the alleged unsuitable recommendation of options during the period that Gruner was associated with Morgan Stanley. FINRA Arbitration No. 20-03696 (November 2, 2020).
FINRA Public Disclosure shows that Gruner was also referenced in a customer initiated investment related complaint filed on April 13, 2020, in which the customer requested $308,000.00 in damages based upon alleged unsuitable investment recommendations during the time that Gruner was associated with Morgan Stanley. This complaint was denied.
Gruner was associated with Morgan Stanley in Wilmette, Illinois from November 1, 2013, to March 5, 2024, as a stockbroker and investment advisor representative. Gruner has been associated with Raymond James Associates Inc. in Winnetka, Illinois since February 29, 2024, as a stockbroker and investment advisor representative.
