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DID DAMON CHANNING STEWART CAUSE YOU INVESTMENT LOSSES?

Damon Stewart Of Morgan Stanley Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Damon Stewart of Morgan Stanley?

Damon Stewart

Damon Stewart (CRD #1794614) who is currently registered as a broker and investment adviser with Morgan Stanley and located in New York, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Damon Stewart was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Damon Stewart Customer Complaints

Damon Stewart has been the subject of 2 customer complaints that we know about to recover investment losses. One customer complaint was settled by Morgan Stanley’s predecessor Smith Barney in favor the investor. The other customer complaint was recently filed against Morgan Stanley in a FINRA arbitration proceeding that is still pending.

Allegations Against Damon Stewart

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

  • Breach of fiduciary duty with respect to handling of account authorization changes in distributions requested by client’s wife.
  • Unauthorized trading, unsuitability, violation of NASD rules, overconcentration, fraud, breach of fiduciary duty and negligence.

Damon Stewart Red Flags & Your Rights As An Investor

Of course, Damon Stewart 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 Damon Stewart at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Damon Stewart 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?

best investment fraud lawyers

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 Morgan Stanley Due To Damon Stewart

If you have questions about Morgan Stanley and/or Damon Stewart 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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