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David Fenning of Morgan Stanley And Formerly With UBS Financial Services Has 5 Customer Complaints For Alleged Broker Misconduct

Who is David Fenning of Morgan Stanley?

David Fenning (CRD #1005307) who is currently registered 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, David Fenning was associated with UBS Financial Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

David Fenning Customer Complaints

David Fenning has been the subject of 5 customer complaints that we know about, and one of those complaints was filed in the last year to recover investment losses. Four of David Fenning’s 5 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against UBS Financial Services for investment losses caused by David Fenning’s alleged misconduct.

Allegations Against David Fenning

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

  • Claimant alleged unsuitable investment recommendations and unauthorized trades made by David Fenning.
  • Claimants alleged breach of fiduciary duty, negligence, fraud and unsuitable investments in structured notes and preferred stock made by David Fenning.
  • Claimants alleged unsuitable recommendation and misrepresentations in connection with purchase of structured products by David Fenning.
  • Claimant’s alleged unsuitability and negligence with respect to recommendations and investment of accounts made by David Fenning.

David Fenning Red Flags & Your Rights As An Investor

Of course, David Fenning 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 David Fenning at Morgan Stanley and UBS Financial Services on alert to review carefully the activity and performance of their accounts and question whether David Fenning has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley and UBS Financial Services 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 David Fenning

If you have questions about Morgan Stanley, UBS Financial Services, and/or David Fenning 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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