Morgan Stanley & Co. (“Morgan Stanley”) (CRD# 8209) has many different complaints filed by FINRA (Financial Industry Regulatory Authority), state regulatory organizations, and investors such as yourself. At the Law Offices of Robert Wayne Pearce, we have investigated Morgan Stanley, its regulatory and customer complaints, and have also represented investors with claims of fraud, negligence, and breach of fiduciary duty against this organization and its financial advisors.
If you believe you have a claim against Morgan Stanley, you should strongly consider hiring an investment fraud lawyer . You should not wait until it’s too late to file a claim. The Law Offices of Robert Wayne Pearce, P.A. , offers free consultations. Give us a call at 800-732-2889 . Let’s discuss your case and see what we can do to help you get the compensation you need and deserve.
Can I Sue Morgan Stanley?
If you’ve lost money caused by Morgan Stanley and/or its employees’ misconduct then the answer is, YES, you can sue Morgan Stanley but the odds are you signed away your right to sue in court and agreed to resolve your dispute in a FINRA arbitration proceeding. Attorney Robert Wayne Pearce has over 40 years of personal experience in FINRA arbitration proceedings and knows very well how you can not only sue Morgan Stanley in FINRA arbitration proceedings, but WIN that arbitration. The easiest way to know if you have a viable case against Morgan Stanley is to call Attorney Pearce at our office at 800-732-2889 .
What is Morgan Stanley?
Morgan Stanley (CRD# 8209) is a registered broker-dealer. It operates as a full-service independent broker-dealer, providing a range of financial products and services to individual investors and financial advisors.
As a registered broker-dealer, Morgan Stanley is subject to regulations and oversight by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). It is required to comply with industry standards and regulations to ensure the protection of its clients’ interests.
A failure to comply with industry standards by either its brokers or the firm itself can result in disciplinary actions, fines, or other penalties imposed by regulatory authorities.
Morgan Stanley Has Many Different Regulatory Problems
Morgan Stanley’ rapid growth has not been without consequences. There have been approximately 463 state and self-regulatory body disclosure events; that is, final and formal proceedings initiated by a regulatory authority (e.g., a state or federal securities agency like the U.S. Securities and Exchange Commission (SEC) or self-regulatory body like the Financial Industry Regulatory Authority (FINRA) for a violation(s) of investment-related rules or regulations. In addition, there have been hundreds of customer complaints filed against Morgan Stanley for misconduct by its securities sales and investment advisory representatives that are not reported by the firm on its Central Depository Record.
We have reported and written about these regulatory problems and customer complaints over many years. Morgan Stanley is a repeat offender: there are over 463 FINRA-reported disciplinary proceedings citing the firm with one form of supervisory lapses or another.
A Brief Overview of Some of the Regulatory Problems Morgan Stanley Has Faced Over the Years*
Morgan Stanley has been repeatedly censured, warned, and fined multi-millions of dollars for its own misconduct and failure to supervise its army of financial advisors.* A few of the notable FINRA Sanctions for its Supervisory Failures are below:
FINRA Sanctions Morgan Stanley $13 Million in Fines and Restitution for Failing to Supervise Sales of UITs
Brief overview: Morgan Stanley Smith Barney LLC was fined $3.25 million by FINRA for its failure to supervise representatives’ short-term trades of unit investment trusts (UITs). Additionally, the firm was required to pay approximately $9.78 million in restitution to over 3,000 affected customers.
FINRA Fines Morgan Stanley $10 Million for AML Program and Supervisory Failures
Brief overview: Morgan Stanley Smith Barney LLC faced a $10 million fine from FINRA for AML program and supervisory failures spanning over five years.
Finra fines Morgan Stanley $325,000 over research errors
Brief overview: Morgan Stanley was censured and fined $325,000 by FINRA for publishing research reports that contained inaccurate historical stock ratings. The firm revised its software to comply with new European Union regulatory requirements, but the revisions led to errors in the research disclosures.
Morgan Stanley Advisor’s ‘Guaranteed’ Investment
Brief overview: Former financial advisor Elias Hafen allegedly defrauded 11 clients by soliciting investments in a fictitious “high-yield investment fund with guaranteed returns.” Instead of investing the clients’ money, Hafen purportedly used the funds for personal expenses, including luxury items and artwork. In 2020, Hafen was sentenced to 30 months in prison and ordered to pay $745,000 in restitution. Morgan Stanley settled with the victims, paying a $430,000 settlement in 2019.
Complaint: Morgan Stanley Broker Stole Millions in 12-Year Scheme
Brief overview: Former financial advisor Michael Barry Cotter allegedly stole over $6 million from customers over a period of 12 years. Cotter allegedly executed unauthorized transactions, forged customer signatures, and fabricated account statements to cover his tracks. He purportedly used the misappropriated funds for personal expenses, including mortgage payments and country club fees. In July 2020, Cotter pleaded guilty and was sentenced to five years in federal prison. He was also ordered to pay a judgment of at least $4.3 million. Morgan Stanley was charged by the SEC for failing to detect or prevent Cotter’s misconduct and was ordered to pay a penalty of $3.6 million.
Morgan Stanley Rep Spent Customer Funds on Private Jet, Country Club
Brief overview: Former advisor Barry Connell allegedly defrauded his clients of at least $5 million by making unauthorized transfers from their accounts. Connell allegedly used the funds for personal expenses, including a year’s rent for a house, country club membership fees, private jet expenses, and credit card bills. He was terminated from Morgan Stanley, pleaded guilty to various charges, and was sentenced to approximately 36 months. Morgan Stanley was charged by the SEC for failing to detect or prevent Connell’s misappropriation of customer funds and was ordered to pay a penalty of $3.6 million.
*Above are only some of the regulatory disciplinary actions filed against Morgan Stanley by FINRA. NASSA and other state securities regulator investigations and enforcement actions account for another 463 BrokerCheck disclosures.
Morgan Stanley Customer Complaints
There have been scores of customer complaints filed against Morgan Stanley stockbrokers and investment advisors over the years. We have launched many investigations of current and former Morgan Stanley advisors:
- Barry Speyer of Morgan Stanley
- Inigo Domenech of Jefferies LLC
- Martin Gruner of Morgan Stanley
- Brandon Potter of J.P. Morgan Securities, LLC
- Frederick Schiller of Morgan Stanley
- Evan Schottenstein of J.P. Morgan Securities
- Herbert Hafen of Wells Fargo
- Nancy Glassman of Morgan Stanley
- Richard Bernstein of Wells Fargo Clearing Services, LLC
- David Neumann of Cambridge Investment Research, Inc
- Charles Natt of Morgan Stanley
- Carlton Higbie of Morgan Stanley
- Blair Horne of Morgan Stanley
- Barry Pechenik of Morgan Stanley
- Patricia Gleason of Cetera Advisors
- Harold Weber of Aegis Capital
- Francis Aurino of Morgan Stanley
- Elaine Lacerte of Morgan Stanley
- Eric Nichols of TCFG Wealth Management, LLC
- Michael Dowell of Morgan Stanley
- Jimmy Driggers of Morgan Stanley
- Michael Greenstone of Merrill Lynch Pierce Fenner & Smith
- David Fenning of Morgan Stanley
- Thomas Forbes of Morgan Stanley
- Mark Carroll of Morgan Stanley
- John Busco of Laidlaw & Company Ltd.
- Perry Basch of Morgan Stanley
- Robert Brinckerhoff of Morgan Stanley
- Jeremy Newton of Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Anthony Dacruz of Morgan Stanley
- Frank Hemmen of Morgan Stanley
- Rick Davidson of Aegis Capital
- Alberto Castaner Of Oppenheimer & Co. Inc.
- Amir Navab formerly with RBC Capital Markets, LLC
- Andrew Katsanis of Morgan Stanley
- Benjamin Duckett of Morgan Stanley
- Brenda Perrotti of Morgan Stanley
- Brian Manning of Morgan Stanley
- Jonathan Rothman of Morgan Stanley
- Edward Rulison of Morgan Stanley
- Jonathan Rynsky of Morgan Stanley
- Nicholas Sberlati of Morgan Stanley & Co.
- Robert Schepperle of Merrill Lynch Pierce Fenner & Smith
- Preston Schoenfeld of Morgan Stanley
- Ilan Segev of Morgan Stanley
- Suzanne Sheuerman formerly with Morgan Stanley
- David Smith of Merrill Lynch Pierce Fenner & Smith
- Walter Sweatt Formerly With Morgan Stanley
- Thomas Tonkovich of Morgan Stanley
- Nicolas Ulvert of Morgan Stanley
- Keith Wagner Formerly With J.P. Morgan Securities
- Vanessa Xavier of Equitable Advisors
- Richard Gregory George of Morgan Stanley
- Gerardo Latimer-Janer of Morgan Stanley
- Robert David Jr. of Morgan Stanley
- Michael Paesano of Morgan Stanley
- John Bankhead of Morgan Stanley
- Kirk Gill of Taylor Capital Management, Inc
- Jeffrey Goodstein of Morgan Stanley
- Timothy Fast Formerly With The Huntington Investment
- Alan Fishman of Wells Fargo Clearing Services
- Eric Fuller of Morgan Stanley
- Jeffrey Johnson formerly with Morgan Stanley
- Christopher Garner of First Republic Securities
- Michael Galanti of Morgan Stanley
- Matthew Gonzales formerly with Morgan Stanley
- Francine Griggs of Morgan Stanley
- Ricardo Guimaraes of Morgan Stanley
- Jianmin Gu of Morgan Stanley
- Neil Gavande Formerly With Morgan Stanley
- Michael Horne of Morgan Stanley
- Lawrence Just of Ameriprise Financial Services
- Carson Kessler of Morgan Stanley
- Sachin Kumar of Laidlaw & Company (UK)
- Steven Urosevich of Wells Fargo Clearing Services
- Christopher Vining of Morgan Stanley
- Victor Martinez of Morgan Stanley
- Mark McBee of Morgan Stanley
- Kelly McMurray of Morgan Stanley
- Michael Oliveri of Santander Securities
- Sumitro Pal formerly with Morgan Stanley
- Jose Parker of Morgan Stanley
- Maxwell Parziale of Morgan Stanley
- Megan Rehill of Merrill Lynch Pierce Fenner & Smith
- Michael Rulison of Morgan Stanley
- Michael Scotto Of Morgan Stanley
- Roxann Seaton Of Morgan Stanley
- James Small Of Morgan Stanley
- Randall Thompkins Formerly With Morgan Stanley
- Benton Seltzer of Morgan Stanley
- J Powers Shepard of Morgan Stanley
- Rupert Sizemore Formerly With Morgan Stanley
- John Taddonio formerly with Morgan Stanley
- Eric Abbott of Morgan Stanley
- Marc Alport of Wells Fargo Clearing Services
- Jefferey Biederman of Morgan Stanley
- Yan Binder of Morgan Stanley
- Alan Bogatch of Morgan Stanley
- Cherie Bond of Morgan Stanley
- Joshua Breeden of UBS Financial Services
- Kenneth Hutkin of Wedbush Securities
- Edward Johnson of Morgan Stanley
- Stephanie Brown of Morgan Stanley
- Tamara Brown of Morgan Stanley
- Peter Carr of Morgan Stanley
- Henry Chang of Morgan Stanley
- Steven Champagne of LPL Financial
- Daniel Kratish of Morgan Stanley
- Jonathan Lake of Wells Fargo Clearing Services
- Howard Lee of Morgan Stanley
- William Collins of Morgan Stanley
- Benedicto Crisologo of Morgan Stanley
- Larry Porter of Morgan Stanley
- Gregg Cummings of Morgan Stanley
- Corey Engelhard of Morgan Stanley
- Ali Garba of Morgan Stanley
- Jeffrey Kemp of Janney Montgomery Scott
- Elise Davis of Morgan Stanley
- Mansoor Kisat of M.S. Howells
- Robert Hart of Morgan Stanley
- Celeste Dinerman of Morgan Stanley
- Kevin Doyle of Raymond James & Associates
- John Hoekman formerly with Wells Fargo Clearing Services
- T. Jackson of Morgan Stanley
- Javier Jaramillo of Morgan Stanley
- Thomas Kreuzer of Morgan Stanley
- Matthew Lane of RBC Capital Markets
- William Knudsen of LPL Financial
- Borislav Kolev of Morgan Stanley
- Antoinette Lucas of TIAA-CREF Individual & Institutional Services
- Sue Van Der Linden of Morgan Stanley
- Brian Lindsay of Morgan Stanley
- Robert Mitchell of Stifel, Nicolaus & Company
- Hemant Naran Formerly With Morgan Stanley
- Michael New of BMO Harris Financial Advisors
- Manuel Ojeda of Morgan Stanley
- Robert Mazur of CUNA Brokerage Services
- Thomas McDavid of Rockefeller Financial
- Matthew McGuirk of Oppenheimer & Co.
- Nadine Miller of Morgan Stanley
- Gregory Pease Formerly With International Assets Advisory
- Richard Perkins Formerly With Morgan Stanley
- Michael Robertson of Morgan Stanley
- Nicholas Rogers of Morgan Stanley
- Bradley Rubin of UBS Financial Services
- Jordan Samelson of Wells Fargo Clearing Services
- Robert Scarborough of Morgan Stanley
- Daniel Smith of Morgan Stanley
- Herbert Smith of Morgan Stanley
- James Sophia of Morgan Stanley
- Jerri Pratt of Morgan Stanley
- Donald Porterfield of Merrill Lynch Pierce Fenner & Smith
- Theodore Pohl of Morgan Stanley
- Michael Piccolo of Wells Fargo Clearing Services
- Jim Stephenson of Morgan Stanley
- Larry Shaw of Morgan Stanley
- Jacob Shapira of Morgan Stanley
- Samuel Sloane formerly with Morgan Stanley
- Howard Smith of Morgan Stanley
- Daniel Richardson of Morgan Stanley
- Drew Reinhardt of Morgan Stanley
- George Strnad of Morgan Stanley
- Andrew Sukhin of Morgan Stanley
- James Syvertson Formerly With Morgan Stanley
- Scott Swaylik of Morgan Stanley
- Steven Syslo of UBS Financial Services
- Jason Wolter of Morgan Stanley
- Jeffrey Wiseman Formerly With Morgan Stanley
- Steven Wurzer of Morgan Stanley
- James Zaura of J.P. Morgan Securities
- Scott Blando of Edward Jones
- Matthew Biggie of Wells Fargo Clearing Services
- Keith Bryan formerly with Robert W. Baird Co.
- Daniel Pye of Morgan Stanley
- Burton Halpert of Morgan Stanley
- Noel Williams of Morgan Stanley
- Carol Brookman formerly with Morgan Stanley
- Chris Hudson of Morgan Stanley
- Joshua Breeden of UBS Financial Services
- Candido Viyella formerly with Morgan Stanley
- Brady Clar of Charles Schwab & Co., Inc.
- Antoine Souma of Insigneo Securities, LLC
- Allan Klenke of Morgan Stanley
- Andrew Cutler of Morgan Stanley
- Carolina Medina of Morgan Stanley
- Charles Correal of Harvest Financial Corporation
- Christopher Butler of Morgan Stanley
- Christopher Olson of RBC Capital Markets, LLC
- Christopher Arnella of Morgan Stanley
- Christopher Novielli of Morgan Stanley
- Craig Cunningham of Morgan Stanley
- Damian Bell of International Assets Advisory, LLC
- Darryl Cohen formerly with Morgan Stanley
- David Hixon formerly with Morgan Stanley
- David Roth of Morgan Stanley
- David Kraft formerly with Morgan Stanley
- Diego Macedo of Morgan Stanley
- Eric Yamin of Morgan Stanley and formerly with UBS Financial Services, Inc.
- Evan Savarick of Morgan Stanley
- Francisco Valenzuela formerly with Morgan Stanley
- Gary Cecchett of Morgan Stanley
- Gordon Stevenson of Morgan Stanley
- Graham Okelly of RBC Capital Markets LLC
- Gregory Williams formerly with Forta Financial Group, Inc.
- Henrique Lucena of Laidlaw & Company (UK) Ltd.
- Horacio Gomez-Rabago of Oppenheimer & Co. Inc.
- Scott Whitmore of Morgan Stanley
- James Lacey, Jr of Morgan Stanley
- James Stines of Morgan Stanley
- Jason Zoch of Morgan Stanley
- Jason Parker of Morgan Stanley
- Javier Naselli of UBS Financial Services Inc.
- Jeff Kramer of Morgan Stanley
- Jeffrey Cadan formerly with Morgan Stanley
- Jeffrey Haag formerly with Morgan Stanley
- John Daughtridge formerly with Raymond James & Associates, Inc.
- John Berg of Morgan Stanley
- John Sorensen of Morgan Stanley
- John Gascoyne of Morgan Stanley
- John Tierney of Morgan Stanley
- Jon Erickson of Morgan Stanley
- Jonathan Dickson of Morgan Stanley
- Jose Martinez of Morgan Stanley
- Kathleen Entwistle of Morgan Stanley
- Kevin Butler of Morgan Stanley
- Kevin Pasha of J.P. Morgan Securities LLC
- Kyle Backus of Morgan Stanley
- Kwan-Rok Kong of Ameriprise Financial Services, LLC
- Leif Olson of Wells Fargo Clearing Services, LLC
- Leonard Fox, Jr. formerly with FSC Securities Corporation
- Lori Caumeil of Morgan Stanley
- Mara Schainuck of Morgan Stanley
- Marcio Marciano da Rocha of Morgan Stanley
- Maria Solanet of Insigneo Securities LLC
- Mark Frommer of Oppenheimer & Co. Inc.
- Mark Sullivan of Raymond James & Associates, Inc.
- Mark Hebert formerly with Deutsche Bank Securities Inc.
- Mark Potocsny of International Assets Advisory, LLC
- Mark Hein formerly with Morgan Stanley
- Martin Shandling of Morgan Stanley
- Matias Cavalieri of Morgan Stanley
- Matthew Genco of Morgan Stanley
- Matthew Remis formerly with Morgan Stanley
- Meghan Elliott formerly with PFS Investments Inc.
- Michael Pellegrino, Jr. formerly with Westpark Capital, Inc.
- Michael Nichley of UBS Financial Services Inc
- Michael Carter formerly with Morgan Stanley
- Michael Edwards of Morgan Stanley
- Michael Cecil of Morgan Stanley
- Michael Douvadjian of Morgan Stanley
- Michael Hood of Morgan Stanley
- Michael Wagner of Morgan Stanley
- Michael Goodworth of Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Nordo Nissi formerly with M.S. Howells & Co.
- Patricia Fontan-Sorlie of Morgan Stanley
- Paul Snider of Morgan Stanley
- Peter Heidt of Ameriprise Financial Services, LLC
- Petros Ingilizian formerly with Morgan Stanley
- Ralph Jackson, III of Morgan Stanley
- Robert Deblasio of Wells Fargo Clearing Services, LLC
- Robert Spina of UBS Financial Services Inc.
- Robin Runco formerly with CFD Investments, Inc.
- Ronald Littlehale, Jr. formerly with Morgan Stanley
- Roxann Romano of Morgan Stanley
- Ruben Morfin of Morgan Stanley
- Ryan Taleghani of Morgan Stanley
- Ryan Wroblewski of Morgan Stanley
- Ryan Mummert of Morgan Stanley
- Sandra Weiss of J.P. Morgan Securities LLC
- Sandy Jukel of Ameriprise Financial Services, LLC
- Sarah Montoya of Morgan Stanley
- Schuyler Grey, III of Morgan Stanley
- Seth Mason formerly with Morgan Stanley
- Shu Mei Yu of Morgan Stanley
- Sibyl Woo of Morgan Stanley
- Stephen Lawless of Morgan Stanley
- Stephen Mills of Morgan Stanley
- Steven Lovell of Morgan Stanley
- Steven Thorpe of Morgan Stanley
- Thomas Parr of Morgan Stanley
- Thomas O’Rourke, Jr. of Morgan Stanley
- Thomas Morgan, Jr. formerly with Morgan Stanley
- William Ard formerly with Morgan Stanley
- Woodford Mooers, Jr. of Rosenblatt Securities Inc.
- Zachary Roberts of J.P. Morgan Securities LLC
- Zhong Zhao of Morgan Stanley
- Deborah Albright of Morgan Stanley
- Gregory Cousins of Morgan Stanley
- Ryan Culpepper of Wells Fargo Clearing Services, LLC
- Elinar Deghbashyan of NYLife Securities LLC
- David Donovan of Morgan Stanley
- Bruce Galloway of Morgan Stanley
- Rosita Kaufman of Morgan Stanley
- Adam Lang of Morgan Stanley
- Alfred Bozzo III of Morgan Stanley
- Arthur Caruso of Morgan Stanley
- Bobby Aycock of Morgan Stanley
- Brian Currie of Morgan Stanley
- Diane Finnerty of Morgan Stanley
- Gianluca de Berardinis of Morgan Stanley
- Kerry Hoffman of B. Riley Wealth Management
- Donna MacKay of Morgan Stanley
- RJ Malcampo of Morgan Stanley
- Paul Mandel of Morgan Stanley
- Ethan Reid of Morgan Stanley
- Robert Rumley, III of William Blair
- George Salidas of Morgan Stanley
- Sally Ann Weger of Morgan Stanley
- Jeffrey Smulevitz of Morgan Stanley
- Nicholas Stenger of Morgan Stanley
- Timothy Brennan of Morgan Stanley
- Talal Bazzi of Morgan Stanley
- Melinda Beier of Morgan Stanley
- Sean Brennan of Morgan Stanley
- Darryl Cohen formerly with Morgan Stanley
- Teri Kelley of Morgan Stanley
- Raymond Harrison of Morgan Stanley
- Maury Lomax of Morgan Stanley
- James Monken of Morgan Stanley
- Chris Moyseos of Morgan Stanley
- Ariel Santana of Morgan Stanley
- Damon Stewart of Morgan Stanley
- John Strickler of Cetera Investment Services LLC
- Michael Weiss, Sr. of Morgan Stanley
- Lisa Capobianco of Morgan Stanley
- Michael Coughlin formerly with Morgan Stanley
- John Cutrupi of Raymond James Financial Services, Inc.
- Darcy Dahl Morgan Stanley
- Marcus Kline of Morgan Stanley
If you have lost money investing with any of these Morgan Stanley advisors or others within this brokerage firm, it’s important that you reach out to an investment loss attorney quickly because the statutes of limitations can bar your claims. Call us at 800-732-2889.
Why Does Morgan Stanley Have So Many Regulatory Problems And Customer Complaints?
Independent broker-dealers are notorious for their lax supervisory practices and procedures. The business model of these franchise type operations is to open many offices nationwide for steady growth of fixed monthly revenues without the costs attendant to a full-service branch office with on-site manager, compliance officer and operation personnel. The registered representatives of these independent broker-dealers generally operate as separately incorporated businesses. They are not employees of the broker-dealer and therefore not controlled in the same manner as full-service brokerage firm representatives. The registered representatives control their structure and costs to maximize profits and often leave the protection of investors’ rights and interests as their lowest priority.
The typical supervisory organization of independent broker-dealer operations is to have other independent contractors operate Offices of Supervisory Jurisdiction (OSJs) to monitor the registered representatives from geographically remote offices and then report to the main franchisor’s compliance office at national headquarters. The supervisors at the OSJs are not employees of the franchisor and often run their own brokerage, insurance and other businesses. They are not devoted full-time supervisors of the smaller branch offices. Consequently, OSJ managers cannot and do not supervise the day-to-day operations of the registered representatives of these Independent broker-dealers.
Generally, there is no immediate review of new accounts opened, securities transactions, business records, cash or securities receipts and deliveries, correspondence and business activities unrelated to the securities brokerage operation at these independent brokerage firms. The lax supervision leaves investors who have transferred their accounts to the smaller independent broker-dealer vulnerable to sales of securities that have not been reviewed or authorized by anyone other than the sales representative earning a commission. There may be no one onsite to detect forgeries of clients’ signatures on documents, the placement of inaccurate information about a client’s investment objectives and financial condition to document the suitability of a particular investment recommendation. Oftentimes there is no daily review of sales literature and client correspondence to protect against misrepresentations and misleading statements being made to investors. In fact, it is not unusual for there to be only one compliance audit visit per year at many of these offices.
These Independent brokerage business operations are worrisome to the North American Securities Administrators Association (NASAA), which has documented more instances of sales abuse and consequently investor losses at these firms than the traditional brokerage firms with branch offices with on-site managers and compliance personnel.
Did Morgan Stanley Advisor Misconduct Cause You Investment Losses?
When financial advisor misconduct has caused you to lose substantial value to your investment accounts, you have the right to seek reimbursement from the responsible parties. Morgan Stanley is responsible like any employer for its financial advisors acts and omissions. In addition, it has an independent duty to supervise its stockbrokers and investment advisors. These cases can be extremely complex, and so having the support of a reputable attorney who is experienced in recovering investment losses for investors is key to your success. Many customers make the mistake of contacting Morgan Stanley without representation with an attorney about their complaints and have their complaints denied.
Related Read: Can You Sue Your Brokerage Firm?
Consult With An Attorney Who Recovers Investment Losses Caused By Morgan Stanley Today!
The investment loss attorneys at The Law Offices of Robert Wayne Pearce, P.A., have helped countless investors over the last 40 years recover the losses from their investment accounts that were caused by broker negligence or misconduct. The firm has extensive experience with Morgan Stanley cases, and Attorney Pearce is committed to seeing that those responsible for the losses you have suffered are held fully accountable.
Give us a call at 800-732-2889 . Let’s discuss your case and see what we can do to help you get the compensation you need and deserve.