Tag Archives: Morgan Stanley

Morgan Stanley Stockbroker Discharged For Unauthorized Trading

October 08, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Morgan Stanley Stockbroker Discharged For Unauthorized Trading

Jeffrey Allen Russell of Newport Beach California a stockbroker formerly registered with Morgan Stanley has been discharged as stockbroker on May 26, 2021. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Russell allegedly made unauthorized transactions in customer accounts. Morgan Stanley alleges that he did not have pre-trade customer authorization for transactions involving money […]

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Investors Accuse Morgan Stanley Stockbroker Of Unauthorized Trading

October 08, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Investors Accuse Morgan Stanley Stockbroker Of Unauthorized Trading

Christopher Brian Carolan (also known as Chris Brian Carolan) of Roseville California a stockbroker formerly registered with Morgan Stanley is referenced in a customer initiated investment related civil action where the customer sought $58,465.19 in damages based on allegations that unauthorized trades were executed in their account by Carolan between June of 2012 and September […]

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Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

August 26, 2021  |   Posted by :   |   Churning, FINRA Securities Arbitration, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

David John Strnad of Franklin Tennessee a stockbroker formerly registered with Morgan Stanley has been suspended as a stockbroker between July 1, 2019 and December 31, 2020 by Florida Office of Financial Regulation based upon Strnad being sanctioned by Financial Industry Regulatory Authority (FINRA) for unauthorized trading. Case No. 249967-19-AG. FINRA Public Disclosure shows that […]

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Morgan Stanley Stockbroker Sanctioned By FINRA

July 31, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Morgan Stanley Stockbroker Sanctioned By FINRA

Christian Murray Evans of Dallas Texas 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 Evans did not get permission from Morgan Stanley regarding an outside business activity. Letter of Acceptance […]

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Investors File Securities Arbitration Claim Morgan Stanley For Palm Beach Stockbroker Theft

July 31, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Investors File Securities Arbitration Claim Morgan Stanley For Palm Beach Stockbroker Theft

David Wayne Kraft of Palm Beach Gardens Florida 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 $716,528.06 in damages founded on accusations that the customer’s funds had been “removed from their account without the customer’s authorization”  during the […]

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Morgan Stanley Stockbroker Accused Of Making Misrepresentations

July 12, 2021  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Morgan Stanley Stockbroker Accused Of Making Misrepresentations

Robert A. DeBlasio of Boca Raton Florida a stockbroker formerly registered with Morgan Stanley is the subject of a customer initiated investment related written complaint on February 25, 2020 in which the customer sought compensatory damages founded on allegations that DeBlasio made misrepresentations regarding the features of an annuity that the customer held between February […]

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Morgan Stanley Terminates Stockbroker For Outside Business Activities

July 12, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Morgan Stanley Terminates Stockbroker For Outside Business Activities

Robert Lynn Mitchell of Frisco Texas a stockbroker formerly registered with Morgan Stanley Wealth Management has been discharged from employment on February 3, 2021 supported by allegations of the stockbroker being involving in undisclosed outside business activities during the time that he was associated with Morgan Stanley Wealth Management. Mitchell has been identified in four […]

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Morgan Stanley Terminates Stockbroker For Hiding Customer Complaints

July 12, 2021  |   Posted by :   |   Investment and Regulatory News, Unit Investment Trusts (UITs), Unsuitable Investment Recommendations   |   Comments Off on Morgan Stanley Terminates Stockbroker For Hiding Customer Complaints

Richard Paul Altieri of Boca Raton Florida a stockbroker and investment adviser representative of Morgan Stanley has been discharged on February 11, 2021 supported by accusations of Altieri failing to report complaints and misusing Morgan Stanley Wealth Management information. Altieri has been identified in four customer initiated investment related disputes regarding allegations of his wrongdoing […]

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FINRA Bars Morgan Stanley Stockbroker In Promissory Note Investigation

May 31, 2021  |   Posted by :   |   Investment and Regulatory News, Promissory Notes   |   Comments Off on FINRA Bars Morgan Stanley Stockbroker In Promissory Note Investigation

Candido Jose Viyella of Miami Florida a stockbroker formerly registered with Morgan Stanley has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Viyella failed to comply with FINRA when it investigated him for potentially selling away from Morgan Stanley. Letter of Acceptance Waiver and […]

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Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

May 15, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

Constantinos George Maniatis of Dallas Texas a stockbroker formerly registered with Morgan Stanley has been fined $5,000.00 and suspended for 30 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he effected trades in customer accounts without authorization. Letter of Acceptance Waiver and Consent No. 2019062788601 […]

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Investors File Securities Arbitration Claim Against Morgan Stanley

May 15, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Investors File Securities Arbitration Claim Against Morgan Stanley

Charles Alan Correal (also known as Chuck Correal) of Pittsburg Pennsylvania a stockbroker formerly registered with Morgan Stanley is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought compensatory damages supported by accusations that they had been sold unsuitable investments by Correal during the time that he was […]

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Morgan Stanley Sued For Private Securities Transactions

April 18, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Morgan Stanley Sued For Private Securities Transactions

Sumitro Pal of Bethesda Maryland a stockbroker formerly registered with Morgan Stanley is the subject of a customer initiated investment related civil action brought in a Maryland District Court where the customer sought $75,000.00 in damages founded on allegations relating to Pal’s private securities transactions while registered with Morgan Stanley Smith Barney. Civil Action No. […]

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Morgan Stanley Stockbroker Sanctioned For Customer Complaints

March 31, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Morgan Stanley Stockbroker Sanctioned For Customer Complaints

Jonathan William Lonske of Boston Massachusetts a stockbroker formerly registered with Morgan Stanley has been issued a Consent Order by Massachusetts Securities Division which requires Lonske to be placed on heightened supervision based on allegations that he was the subject of customer initiated investment related complaints and was terminated from a securities broker dealer for […]

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Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

March 18, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

Frank Fornshell Venable III of Knoxville Tennessee a stockbroker currently registered with Morgan Stanley has been fined by Tennessee Securities Division based upon Venable having been sanctioned by Financial Industry Regulatory Authority (FINRA) for effecting discretionary trades in customer accounts. Case No. TSD No. 20-013 (June 26, 2020). The Securities Division found Venable to be […]

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Morgan Stanley Stockbroker Barred By State Regulator For Fraud

March 18, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Morgan Stanley Stockbroker Barred By State Regulator For Fraud

Michael Barry Carter (also known as Mike Carter) of McClean Virginia a stockbroker formerly registered with Morgan Stanley has been fined $220,000.00 and barred by the State of Maryland from being a stockbroker or investment adviser representative supported by allegations that he defrauded investors. Case No. 2019-0176 (Dec. 15, 2020). According to the Consent Order, […]

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Investors File FINRA Securities Arbitration Claim Against Morgan Stanley For Excessive Trading

March 08, 2021  |   Posted by :   |   Churning, Excessive Trading, FINRA Securities Arbitration, Investment and Regulatory News, Structured Products   |   Comments Off on Investors File FINRA Securities Arbitration Claim Against Morgan Stanley For Excessive Trading

Jeffrey Neil Cadan of New York New York 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 accusations that between July of 2014 and December of 2016, excessive trades had been effected in the customer’s […]

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Investors File FINRA Securirties Arbitration Against Morgan Stanley For Unauthorized Trading

March 08, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Investors File FINRA Securirties Arbitration Against Morgan Stanley For Unauthorized Trading

William Lief Collins (also known as Bill Collins) of Birmingham Michigan a stockbroker currently registered with Morgan Stanley is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $800,000.00 in damages supported by accusations that unauthorized trades were executed in the customer’s account between March 1, 2019 […]

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Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

February 01, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Morgan Stanley Stockbroker Sanctioned For Unauthorized Trading

John Frederick Griner of Atlanta Georgia a stockbroker and investment adviser representative of 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 he enganged in unauthorized trading in customer accounts. Letter of Acceptance Waiver and Consent No. 2019064538201 (Jan. […]

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Morgan Stanley Accused Of Unauthorized Trading

February 01, 2021  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Morgan Stanley Accused Of Unauthorized Trading

Borislav Valentinov Kolev (also known as Bobby Kolev) of Aventura Florida a stockbroker formerly registered with Morgan Stanley is referenced in a customer initiated investment related written complaint on July 9, 2020 where the customer requested unspecified damages founded on accusations that the stockbroker effected a stock purchase in the customer’s account without the Morgan […]

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Investors File Arbitration Claim Against Ameriprise

February 01, 2021  |   Posted by :   |   Failure To Supervise, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against Ameriprise

David Charles Turetzky of Saddle Brook New Jersey a stockbroker currently registered with Ameriprise Financial Services LLC is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $500,000.00 in damages founded on allegations of sales practice violations pertaining to the customer’s account at Ameriprise. Financial Industry Regulatory […]

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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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