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Corey Engelhard Of Morgan Stanley Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Corey Engelhard of Morgan Stanley?

Corey Engelhard (CRD #2788550) who is currently registered with Morgan Stanley and located in Plantation, Florida is a subject of one of our many securities industry sales practice abuse investigations.

Corey Engelhard Customer Complaints

Corey Engelhard has been the subject of 3 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Two of Corey Engelhard’s 3 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against Wells Fargo Clearing Services for investment losses caused by Corey Engelhard’s alleged misconduct.

Allegations Against Corey Engelhard

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Claimants alleged that during an unspecified time frame, Corey Engelhard misrepresented the products, of which, were contrary to their risk tolerance, as well as over-concentration.
  • Clients wrote that they were allegedly advised by Corey Engelhard to place their funds in ARS and now are unable to redeem their money.
  • Client alleged that the risks of auction rate securities were not explained to him allegedly by Corey Engelhard. Client alleged that he was told that ARS were as safe as a money market fund, and that they would take a couple more days to liquidate than a money market fund.  

Corey Engelhard Red Flags & Your Rights As An Investor

Of course, Corey Engelhard 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 Corey Engelhard at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Corey Engelhard 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 firms’ 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 Due To Corey Engelhard

If you have questions about Morgan Stanley and/or Corey Engelhard 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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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.

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