Bruce Benjamin Greenwald, of Pepper Pike, Ohio, a stockbroker formerly registered with Morgan Stanley, has been named in a customer initiated investment related arbitration claim on January 3, 2017, in which the customer requested $800,000.00 in damages based upon allegations that Greenwald failed to abide by the customer’s investment based instructions, and made misrepresentations to the customer concerning managed accounts and private placements.
Financial Industry Regulatory Authority (FINRA)Public Disclosure reveals that Greenwald has been identified in two customer initiated investment related disputes containing allegations of Greenwald’s misconduct while employed with Merrill Lynch, Pierce, Fenner & Smith Inc. Specifically, on April 13, 2009, a customer initiated investment related written complaint involving Greenwald’s conduct was settled for $25,000.00 in damages based upon allegations that Greenwald made misrepresentations to the customer regarding the liquidity of auction market securities (ARS).
Additionally, on January 26, 2011, a customer initiated investment related arbitration claim regarding Greenwald’s activities was resolved for $775,000.00 in damages based upon allegations that Greenwald effected unsuitable transactions in the customer’s account and made misrepresentations to the customer regarding collateralized debt obligations.
Greenwald’s securities registration with Morgan Stanley was terminated on July 30, 2016. Since July 1, 2016, he has been registered with Purshe Kaplan Sterling Investments.
Guiliano Law Group
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