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Richard G. George Formerly With Morgan Stanley Has 7 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years

Who is Richard G. George Formerly With Morgan Stanley?

Richard George (CRD # 1890200) who was formerly registered with Morgan Stanley and located in Chicago, Illinois is a subject of one of our many securities industry sales practice abuse investigations.  Before Morgan Stanley, Richard George was associated with two other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Morgan Stanley Broker Misconduct

In his career, Richard George has been the subject of 7 customer complaints that we know about, 6 of those complaints were filed in the last year to recover investment losses. Five of Richard George’s customer complaints were settled in favor of investors. 

Richard George claims several of the complaints related to prior financial advisors’ recommendations.  There are currently 2 pending customer complaints filed against Richard George’s current employer Morgan Stanley for investment losses caused by his alleged misconduct.

Allegations Against Richard G. George

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

  • Claimants allege unsuitability with respect to investments in a fee-based account.
  • The claimant alleges that the advisor made unsuitable investment recommendations and over-concentrated her account and unsuitable investments.

Richard G. George Red Flags & Your Rights As An Investor

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

If you have questions about Morgan Stanley and/or Richard George 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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