Nancy Dawn Glassman (also known as Nancy Glassman-Pascual) of New York New York a stockbroker currently registered with Morgan Stanley Smith Barney is referenced in a customer initiated investment related arbitration claim where the customer sought $50,000.00 in damages supported by accusations that transactions executed in the customer’s in-house money manager account failed to be suitable for the customer and had led the customer to experience unwarranted losses. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-02691 (Sept. 27, 2019).
FINRA Public Disclosure reveals that Glassman is referenced in three additional customer initiated investment related disputes that concern allegations of her violative conduct while employed with UBS Financial Services and Morgan Stanley Smith Barney. Specifically, a customer initiated investment related complaint concerning Glassman’s activities was resolved for $30,625.00 in damages founded on accusations that investments in Munder NetNet Fund and Federated International Small Company Fund were in no way appropriate given the customer’s goals, risk tolerance or overall investment circumstances.
Glassman is the subject of another customer initiated investment related arbitration claim which was settled for $22,500.00 in damages based upon allegations that while Glassman was associated with UBS Financial Services, false or misleading statements had been made by the stockbroker about structured products investments, and the sales of those investments failed to be suitable for the customer. Also, on May 21, 2019, a customer filed an investment related complaint concerning Glassman’s activities in which the customer requested $48,000.00 in damages supported by accusations that the customer was placed into an unsuitable managed account investment between February of 2018 and May of 2019.
Glassman’s employment with UBS Financial Services Inc. has been terminated as of June 28, 2017. Since June 2, 2017, Glassman has been registered with Morgan Stanley.
