DID AYAD BESHARA SAAD CAUSE YOU INVESTMENT LOSSES?
Ayad Saad Formerly With Morgan Stanley Has 5 Customer Complaints For Alleged Broker Misconduct
Who is Ayad Saad of Morgan Stanley?
Ayad Saad (CRD #1912377) who was formerly registered with Morgan Stanley and located in Melbourne, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Ayad Saad was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. He was recently terminated by Morgan Stanley for allegedly providing the firm with inconsistent information during an internal review of his activities in connection with the customer’s account.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Ayad Saad Customer Complaints
Ayad Saad has been the subject of 5 customer complaints that we know about seeking to recover investment losses. One customer complaint was settled by Edward Jones in favor of the investor of the advisors alleged misconduct. His former employers denied 3 other customer complaints, and the investors took no further action. There is currently one customer complaint pending with Morgan Stanley for Ayad Saad’s alleged misconduct.
Allegations Against Ayad Saad
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- The advisor should have excluded customers Apple position from a managed account and incurring management fees when it was known that she had no intention of selling any part of that position.
- Failure to fully inform customer of tax consequences related to liquidation of our annuity contract.
- Unauthorized sale of security and customer account.
- The purchase of variable annuity contract was misrepresented.
- Misrepresentation of Unit Investment Trust investments.
Ayad Saad Red Flags & Your Rights As An Investor
Of course, Ayad Saad did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Ayad Saad at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Ayad Saad has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At MML Investors, LLC Due To Tony Roberts
If you have questions about Morgan Stanley and/or Ayad Saad and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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