Sumitro Pal, of Bethesda, Maryland, a stockbroker formerly registered with Morgan Stanley Smith Barney, is the subject of a customer initiated investment related written complaint on May 1, 2017, in which the customer requested $115,156.00 in damages based upon allegations that the firm failed to supervise Pal’s faulty corporate debt transactions placed in the customer’s investment account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that on September 21, 2009, a customer initiated investment related written complaint involving Pal’s conduct was settled for $16,100.00 in damages based upon allegations that contrary to the customer’s instructions, Pal failed to place a guaranteed income rider on the customer’s annuity policy.
If you cannot supervise your own Pal, then who can you supervise.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
