Matthew Singer, of Aventura, Florida, a stockbroker registered with Morgan Stanley, is the subject of a customer initiated investment related arbitration claim, which settled for $60,000.00 in damages founded on accusations that between May of 2015 to January of 2016, Singer traded options in the customer’s account without the customer’s consent and made misrepresentations to the customer concerning the investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 16-01063 (June 27, 2017).
FINRA Public Disclosure reveals that Singer has been identified in two additional customer initiated investment related disputes containing allegations of his improper conduct while employed with Morgan Stanley. Specifically, on February 29, 2016, a customer filed an investment related written complaint regarding Singer’s activities, in which the customer requested $381,929.00 in damages based upon accusations of an unsuitable options trading strategy having been executed in the customer’s account.
Then, a customer initiated investment related arbitration claim regarding Singer’s activities was resolved for $365,000.00 in damages supported by allegations that in July 2015, Singer made investment recommendations to the customer concerning options products that failed to be suitable for the customer based on the customer’s risk tolerance. FINRA Arbitration No. 15-02767 (July 19, 2016).
Singer’s registration with Morgan Stanley was terminated on March 14, 2016.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
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
