DID NEIL JEFFREY LERNER CAUSE YOU INVESTMENT LOSSES?
Neil Lerner Of Morgan Stanley And Formerly With UBS Financial Services Inc. Has 5 Customer Complaints For Alleged Broker Misconduct
Who is Neil Lerner of Morgan Stanley?
Neil Lerner (CRD #836146) 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, Neil Lerner was associated with UBS Financial Services Inc. and 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.
Neil Lerner Customer Complaints
Neil Lerner has been the subject of 5 customer complaints that we know about seeking to recover investment losses. Two of the customer complaints proceeded to arbitration and resulted in arbitration awards in favor of the investors. The other 3 customer complaints were denied by Neil Lerner’s employers and the investors took no further action.
Allegations Against Neil Lerner
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Unsuitable investment recommendations, excessive trading, and ignoring client’s instructions.
- The account was not managed in the client’s best interest.
- The liquidity access line established by client’s deceased husband was not appropriate for the client to maintain.
- Unauthorized trading, unsuitable recommendations, and churning of a client’s account. The client was misled about the maturity date involving variable annuity contract.
Neil Lerner Red Flags & Your Rights As An Investor
Of course, Neil Lerner 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 Neil Lerner at Morgan Stanley and UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Neil Lerner 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 Inc. 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?
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 Neil Lerner
If you have questions about Morgan Stanley, UBS Financial Services Inc. and/or Neil Lerner 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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