DID MICHAEL JOHN WAGNER CAUSE YOU INVESTMENT LOSSES?
Michael Wagner Of Morgan Stanley Has 3 Customer Complaints For Alleged Broker Misconduct
Michael Wagner Customer Complaints
Michael Wagner has been the subject of 3 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by Morgan Stanley in favor of the investors for over $4.1 million and $1.5 million respectively. The brokerage firm denied another customer complaint and, to date, the customer is not filed in the arbitration proceeding.
Allegations Against Michael Wagner
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Misrepresentation of a stock option investment strategy.
- Misrepresentation related to strategy in a managed account involving options.
- Unsuitable options investment strategy in a managed account.
Michael Wagner Red Flags & Your Rights As An Investor
Of course, Michael Wagner 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 Wagner at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Michael Wagner 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.
File A Claim To Recover Your Investment Losses At Morgan Stanley Due To Michael Wagner
If you have questions about Morgan Stanley and/or Michael Wagner 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.