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Michael Pellegrino, Jr. Formerly With Westpark Capital, Inc. and Morgan Stanley Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Michael Pellegrino, Jr. formerly with Westpark Capital, Inc.?

Michael Pellegrino

Michael Pellegrino (CRD #4383106) who was formerly registered as a broker with Westpark Capital, Inc. and located in Los Angeles, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Westpark Capital, Inc., Michael Pellegrino, Jr. was associated with Morgan Stanley before he was terminated and with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Michael Pellegrino, Jr. Customer Complaints

Michael Pellegrino, Jr. has been the subject of 2 customer complaints that we know about to recover investment losses. Morgan Stanley denied both customer complaints and no further action has been taken to date.

Allegations Against Michael Pellegrino, Jr.

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

  • Misrepresentation with respect to a variable annuity features.
  • Misrepresentation with respect to features of a pledged asset loan.

Michael Pellegrino, Jr. Red Flags & Your Rights As An Investor

Of course, Michael Pellegrino, Jr. 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 Michael Pellegrino, Jr. at Westpark Capital, Inc. and Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Michael Pellegrino, Jr. has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Westpark Capital, Inc. and 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.

Did You Lose Money Because of Broker Misconduct?

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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 Westpark Capital, Inc. Due To Michael Pellegrino, Jr.

If you have questions about Westpark Capital, Inc., Morgan Stanley and/or Michael Pellegrino, Jr. 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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