| Read Time: 2 minutes | Morgan Stanley Complaints |


Barry Martin Speyer with Morgan Stanley Has 8 Customer Complaints for Alleged Broker Misconduct

Who is Barry M. Speyer with Morgan Stanley?

Barry Speyer (CRD #432002) who is currently registered with Morgan Stanley and located in Beverly Hills, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Barry Speyer was associated with another investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.

Morgan Stanley Broker Misconduct

In his career, Barry Speyer has been the subject of 8 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. Two of the customer complaints resulted in arbitration hearings where arbitration awards were entered against Morgan Stanley and Barry Speyer.

Three of Barry Speyer’s 8 customer complaints were settled in favor of investors. Two of those complaints were denied by his employer and the customers took no further action. There is currently one pending customer complaint filed against Barry Speyer’scurrent employer Morgan Stanley for investment losses caused by his alleged misconduct.

Allegations Against Barry Speyer

A sample of the allegations made in the FINRA reported arbitration awards, settlements and pending complaint for investment losses are as follows:

  • Breach of fiduciary duty and constructive fraud for engaging in unauthorized options trading resulting in an arbitration award in the investor’s favor.
  • The customer alleged unsuitable options trading and received an arbitration award in the amount of $125,000 plus interest, $25,000 in attorney’s fees, and expert witness fees.
  • The claimant alleges unsuitability with respect to common stock transactions. 
  • The customer claims the financial advisor purchased unsuitable auction-rate securities.
  • The customer alleged that the financial advisor executed unsuitable trades in her accounts, including options in purchasing common stocks on margin.

Barry Speyer Red Flags & Your Rights as An Investor

Of course, Barry Speyer 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 that should put all current and former customers of Barry Speyerat Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Barry Speyerhas engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at Morgan Stanley about Barry Speyeralso raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim to Recover Your Investment Losses At Morgan Stanley

If you have questions about Morgan Stanley and/or Barry Speyer 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.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars