Robert J. Murray III, of New York, New York, a stockbroker formerly ssociated with Spartan Capital Securities, LLC, is the subject of a customer initiated, investment related dispute filed in November 12, 2015, based upon the allegation that Murray made unsuitable investment recommendations.
FINRA BrokerCheck reveals that Murray has been subject to eleven customer initaited, investment related arbitration claims. Most recently, in July, 2016, Murray was subject to a customer dispute in which he was alleged to have effected transactions in the customer’s account despite not having the requisite authority. On May 8, 2015, a customer lodged a dispute against Murray and requested $11,000.00 in damages in connection with allegations against Murray of churning the customer’s account and engaging in unauthorized and unsuitable trading.
On December 9, 2014, Murray was subject to a customer dispute, in which the customer requested $159,404.39 in damages amid allegations against Murray of making unsuitable investment recommendations. On March 1, 2010, a customer lodged a dispute against Murray, in which the customer requested $22,832.00 in connection with allegations against Murray of effecting unauthorized trades in the customer’s account.
On January 8, 2010, Murray was subject to a customer dispute, in which the customer requested $5,000.00 in damages after alleging that Murray engaged in unsuitable investment recommendations. On November 29, 2004, Murray settled a customer dispute for $23,715.00 after the customer alleged that Murray engaged in unauthorized and excessive trades in the customer’s account. Since August 2016, Murray has been associated with Joseph Stone Capital.
Guiliano Law Group
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