Robert James Rumley III, of Atlanta, Georgia, a stockbroker formerly registered with Morgan Stanley is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon allegations that Rumley did not manage the customer’s accounts in her best interests during the time that Rumley was associated with Morgan Stanley Smith Barney. Financial Industry Regulatory Authority (FINRA) Arbitration No. 23-02386 (August 30, 2023).
This is not the first time that Rumley has been referenced in a customer initiated investment related dispute concerning Rumley’s conduct in the securities industry. Public Disclosure shows that Rumley was also referenced in a customer initiated investment related complaint filed on June 19, 2013, in which the customer requested compensatory damages based upon allegations that Rumley engaged in unauthorized trading on August 24, 2012, during the period that Rumley was associated with Morgan Stanley Smith Barney. This complaint was closed without further action taken by the customer.
Rumley was associated with Morgan Stanley in Atlanta, Georgia from May 26, 2011, to October 8, 2021. Rumley has been associated with William Blair Company LLC in Atlanta, Georgia since November 8, 2021.
