Tag Archives: Morgan Stanley

Former Morgan Stanley Stockbroker Barred By FINRA For Bilking Customers

December 22, 2020  |   Posted by :   |   Bond Fraud, Excessive Markups, Excessive Trading, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Former Morgan Stanley Stockbroker Barred By FINRA For Bilking Customers

Stephen Sloane of New York New York a stockbroker formerly registered with WestPark Capital Inc. and Morgan Stanley has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on a Decision issued by FINRA’s Office of Hearing Officers who found that Sloane made unsuitable investment recommendations to customers […]

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Investors Bring Securities Arbitration Claim Against Morgan Stanley For Misrepresentation

December 07, 2020  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Investors Bring Securities Arbitration Claim Against Morgan Stanley For Misrepresentation

Keith Allen Bryan of Sarasota Florida a stockbroker formerly registered with Morgan Stanley is the subject of a customer initiated investment related arbitration claim which was resolved for $24,900.00 in damages supported by accusations of misrepresentations being made by the stockbroker concerning the customer’s Morgan Stanley investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00735 […]

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Investors Bring FINRA Arbitration Claim Against Morgan Stanley For Stockbroker Theft

December 01, 2020  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Morgan Stanley For Stockbroker Theft

Barry Franklin Connell of Ridgewood New Jersey a stockbroker formerly registered with Morgan Stanley Smith Barney is referenced in a customer initiated investment related arbitration claim which was resolved for $1,350,000.00 in damages supported by allegations that the customer’s funds had been misappropriated by the stockbroker’s actions at Morgan Stanley. Financial Industry Regulatory Authority (FINRA) […]

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Morgan Stanley Accused Of Unsuitable Bond Recommendations

November 30, 2020  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Morgan Stanley Accused Of Unsuitable Bond Recommendations

Anthony Edward Dacruz of New York New York a stockbroker currently registered with Morgan Stanley has been referenced in a customer initiated investment related written complaint on April 14, 2020 where the customer sought unspecified damages founded on allegations that the customer had been placed into unsuitable closed end funds and municipal bonds by Dacruz […]

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Investors Sue Morgan Stanley For Unsuitable Sale of Energy Securities

November 04, 2020  |   Posted by :   |   Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Investors Sue Morgan Stanley For Unsuitable Sale of Energy Securities

Kirk J. Gill of Tucson Arizona a stockbroker formerly employed by Morgan Stanley Smith Barney is referenced in a customer initiated investment related arbitration claim in which the customer requested $238,316.00 in damages founded on allegations that the customer was sold unsuitable energy sector securities between December of 2013 and March of 2016 during the […]

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Morgan Stanley Accused Of Unauthorized Removal Of Customer Funds

October 08, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on Morgan Stanley Accused Of Unauthorized Removal Of Customer Funds

David Wayne Kraft of Palm Beach Gardens Florida a stockbroker formerly registered with Morgan Stanley is the subject of a customer initiated investment related written complaint on March 30, 2020 in which the customer requested $1,201,922.12 in damages supported by allegations of the unauthorized “removal” of funds from the customer’s account during the time that […]

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Morgan Stanley Stockbroker Barred By SEC

September 14, 2020  |   Posted by :   |   Alternative Investments   |   Comments Off on Morgan Stanley Stockbroker Barred By SEC

Daniel Todd Levine of Greenwood Village Colorado a stockbroker formerly employed by Morgan Stanley has been issued an Order from Securities and Exchange Commission (SEC) in which he has been barred from being a stockbroker or investment adviser representative or otherwise barred from associating with securities broker dealers or investment advisors based upon accusations of […]

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Morgan Stanley Accused By Investors Of Unsuitable Bond Sales

August 27, 2020  |   Posted by :   |   Bond Fraud, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Morgan Stanley Accused By Investors Of Unsuitable Bond Sales

Francisco Javier Valenzuela of Tucson Arizona a stockbroker formerly associated with Morgan Stanley Smith Barney has been referenced in a customer initiated investment related written complaint on February 6, 2020 in which the customer requested unspecified damages supported by allegations that the customer had been placed into unsuitable corporate bond investments by the stockbroker between June […]

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Fortune Financial Stockbroker Sanctioned By Regulator

August 27, 2020  |   Posted by :   |   Unauthorized Trading   |   Comments Off on Fortune Financial Stockbroker Sanctioned By Regulator

Eugene Nathan Gordon (also known as Gene Gordon) of Palo Alto California a stockbroker currently employed by Fortune Financial Services has been issued an Order of Summary Revocation and Issuance of Restricted License by California Department of Insurance supported by allegations of Gordon having failed to disclose sanctions imposed against him by Financial Industry Regulatory […]

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Investors Sue Morgan Stanley For Fraud

August 27, 2020  |   Posted by :   |   Failure To Supervise, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Investors Sue Morgan Stanley For Fraud

Nordo Mauro Nissi III of Boston Massachusetts a stockbroker formerly registered with Morgan Stanley is referenced in a customer initiated investment related arbitration claim in which the customer sought $500,000.00 in damages supported by allegations that fraudulent misrepresentations and omissions had been made relating to the customer’s investments and that the customer was defrauded during […]

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FINRA Sanctions Morgan Stanley Stockbroker For Selling Away

August 27, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions Morgan Stanley Stockbroker For Selling Away

Christopher A. Reid of Marlton New Jersey a stockbroker formerly employed by Morgan Stanley has been fined $5,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Reid engaged in private securities transactions while registered with Morgan Stanley. Letter of Acceptance Waiver […]

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FINRA Sanctions Morgan Stanley For Failure To Supervise

August 27, 2020  |   Posted by :   |   Bond Fraud, Failure To Supervise, Securities Arbitration Claims   |   Comments Off on FINRA Sanctions Morgan Stanley For Failure To Supervise

Morgan Stanley a securities broker dealer headquartered in Purchase New York has been censured and fined $175,000.00 by Financial Industry Regulatory Authority (FINRA) founded on findings that it neglected to supervise stockbroker engaged in bond trading scheme. Letter of Acceptance Waiver and Consent No. 2019063917801 (Aug. 12, 2020). According to the AWC, a stockbroker by […]

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FINRA Charges Morgan Stanley Stockbroker With Misconduct

July 29, 2020  |   Posted by :   |   Bond Fraud, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on FINRA Charges Morgan Stanley Stockbroker With Misconduct

Stephen Sloane of New York New York a stockbroker employed by Morgan Stanley has been identified in a FINRA Department of Enforcement Complaint where the regulator is seeking sanctions including a fine and suspension against Sloane for providing unsuitable investment recommendations to customers and for charging them excessive fees for trades that he executed at […]

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Investors Sue Morgan Stanley For Excessive Trading

July 20, 2020  |   Posted by :   |   Churning, Excessive Trading, Securities Arbitration Claims   |   Comments Off on Investors Sue Morgan Stanley For Excessive Trading

Michael Frank Paesano of New York New York a stockbroker formerly employed by Morgan Stanley has been identified in a customer initiated investment related arbitration claim where the customer sought unspecified damages founded on accusations that trades were executed in the customer’s account in excessive amounts between July of 2014 and December of 2016 while […]

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FINRA Bars Morgan Stanley Stockbroker In Investigation

July 20, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on FINRA Bars Morgan Stanley Stockbroker In Investigation

Peggy Jean Doherty-Punderson (also known as Peggy Jean Waller) of Lebanon New Hampshire a stockbroker formerly employed by Morgan Stanley has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on the stockbroker’s consent to findings that she failed to cooperate with FINRA during an investigation into transactions […]

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SEC Bars Morgan Stanley Stockbroker For Fraud

July 11, 2020  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Securities Fraud   |   Comments Off on SEC Bars Morgan Stanley Stockbroker For Fraud

Michael Harvey Siva of Morristown New Jersey a stockbroker formerly registered with Morgan Stanley has been barred from being a stockbroker or an investment adviser representative or otherwise associating with any securities broker dealer or investment advisory according to a Securities Exchange Commission (SEC) Order based on Siva pleading guilty to conspiracy to commit securities […]

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Morgan Stanley Accused Of Unauthorized Trading

July 11, 2020  |   Posted by :   |   Unauthorized Trading   |   Comments Off on Morgan Stanley Accused Of Unauthorized Trading

Daniel Patrick Reilly of New York New York a stockbroker formerly employed by Morgan Stanley Smith Barney has been identified in a customer initiated investment related written complaint which was resolved on July 30, 2018 for $40,000.00 in damages founded on accusations that unauthorized equity transactions were executed in the customer’s account between January of […]

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Investors Sue Morgan Stanley For Defective Bond Recommendations

July 11, 2020  |   Posted by :   |   Bond Fraud, Municipal Bond Fraud, Securities Arbitration Claims   |   Comments Off on Investors Sue Morgan Stanley For Defective Bond Recommendations

Kenneth Marc Hutkin of New York New York a stockbroker and investment adviser representative formerly associated with Morgan Stanley has been referenced in a customer initiated investment related written complaint on February 20, 2020 in which the customer requested unspecified damages supported by allegations that the customer had been placed into unsuitable municipal debt investments […]

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Morgan Stanley Stockbroker Accused Of Unauthorized Borrowing

July 11, 2020  |   Posted by :   |   Margin Account Fraud   |   Comments Off on Morgan Stanley Stockbroker Accused Of Unauthorized Borrowing

Mark Allen Frommer of Chicago Illinois a stockbroker formerly associated with Morgan Stanley has been referenced in a customer initiated investment related written complaint on September 18, 2019 in which the customer requested unspecified damages supported by allegations of an unauthorized liquidity access line being used to borrow against the customer’s portfolio for the purchase […]

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Morgan Stanley Accused Of Unsuitable Trading

June 08, 2020  |   Posted by :   |   Municipal Bond Fraud, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Morgan Stanley Accused Of Unsuitable Trading

Laurence Michael Braunstein of New York New York a stockbroker formerly associated with Morgan Stanley has been referenced in a customer initiated investment related written complaint on February 20, 2020 in which the customer requested unspecified damages supported by allegations that municipal debt transactions that were executed in the Morgan Stanley customer’s account had failed […]

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Morgan Stanley Stockbroker Sanctioned By FINRA

June 08, 2020  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Morgan Stanley Stockbroker Sanctioned By FINRA

Sachin Kumar of New York New York a stockbroker formerly registered with Morgan Stanley has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Kumar advised a Morgan Stanley customer to sign blank or incomplete documents relating to the transfer of the […]

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Investors Sue Morgan Stanley For Closed End Fund Recommendations

June 08, 2020  |   Posted by :   |   Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Investors Sue Morgan Stanley For Closed End Fund Recommendations

Alberto Antonio Castaner (also known as Tito Castaner and as Antonio Castaner Barcelo) of Fort Lauderdale Florida a stockbroker currently employed by Morgan Stanley has been identified in a customer initiated investment related arbitration claim which was resolved for $25,000.00 in damages founded on accusations that the Morgan Stanley customer was inappropriately advised by Castaner […]

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Investors Accuse Morgan Stanley Of Unsuitable Energy Stock Recommendations

May 13, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on Investors Accuse Morgan Stanley Of Unsuitable Energy Stock Recommendations

Andrew Todd Yocum of Lady Lake Florida a stockbroker registered with Morgan Stanley is the subject of a customer initiated investment related complaint on April 25, 2018 in which the customer requested unspecified damages based upon allegations that energy stock trades effected in the customer’s account by Yocum between 2014 and 2016 were not suitable […]

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Morgan Stanley Sued By Investors For Defective Investment Advice

April 23, 2020  |   Posted by :   |   Municipal Bond Fraud, Securities Arbitration Claims   |   Comments Off on Morgan Stanley Sued By Investors For Defective Investment Advice

Ian M. Deliz Morales of Tampa Florida a stockbroker formerly registered with Morgan Stanley is referenced in a customer initiated investment related arbitration claim where the customer sought $750,000.00 in damages based upon accusations that municipal bonds sold by Morales were in no way suitable for the customer of Morgan Stanley. Financial Industry Regulatory Authority […]

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Morgan Stanley Stockbroker Sanctioned For Falsifying Documents

April 18, 2020  |   Posted by :   |   Forgery, Investment and Regulatory News   |   Comments Off on Morgan Stanley Stockbroker Sanctioned For Falsifying Documents

Clare Marie Cail (also known as Clare Marie McGovern) of Manchester New Hampshire a stockbroker formerly registered with Morgan Stanley has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that she altered customer account documentation. Letter of Acceptance Waiver […]

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FINRA Bars Morgan Stanley Stockbroker In Investigation

April 08, 2020  |   Posted by :   |   Forgery   |   Comments Off on FINRA Bars Morgan Stanley Stockbroker In Investigation

Ashley K. Martin (also known as Ashley Heather Krueger) of Leawood Kansas a stockbroker formerly registered with Morgan Stanley has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that she neglected to furnish documents and information to the regulator when she was under […]

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Morgan Stanley Sued By Investors For Unsuitable Recommendations

April 08, 2020  |   Posted by :   |   Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Morgan Stanley Sued By Investors For Unsuitable Recommendations

Michael Edward Fitzgerald of Cincinnati Ohio a stockbroker associated with Morgan Stanley Smith Barney has been referenced in a customer initiated investment related arbitration claim which was settled for $68,000.00 in damages supported by allegations that stock trades that were facilitated in the customer’s account by Fitzgerald failed to be suitable for the Morgan Stanley […]

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Morgan Stanley Stockbroker Pleads Guilty To Stealing And Elder Abuse

Karen McKinley (also known as Karen Ann Boggess) of Manchester New Hampshire a stockbroker formerly employed by Morgan Stanley is the subject of administrative proceedings initiated by Securities and Exchange Commission (SEC) in which the regulator is determining whether to bar McKinley from being a stockbroker or investment advisor based on McKinley pleading guilty to […]

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FINRA Bars Morgan Stanley Stockbroker For Failure to Repay Morgan Stanley Loan

February 24, 2020  |   Posted by :   |   Securities Arbitration Claims   |   0 Comments

David Wayne Kraft of Palm Beach Gardens Florida a stockbroker formerly registered with Morgan Stanley has been suspended indefinitely by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity based upon allegations that the stockbroker neglected to comply with an arbitration award against him by his former employer for $1.2 […]

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Morgan Stanley Stockbroker Barred In Inquiry

January 17, 2020  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Raymond Arthur Montchal of Camp Hill Pennsylvania a stockbroker formerly registered with Morgan Stanley has been barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity based upon accusations or findings that the stockbroker failed to respond to FINRA’s request for information about his activities while employed by Morgan […]

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