DID ROBERT C. DAVID JR. CAUSE YOU INVESTMENT LOSSES?
Robert C. David Jr. formerly with Morgan Stanley Has 5 Customer Complaints for Alleged Broker Misconduct In the Past 2 Years
Who is Robert C. David Jr. formerly with Morgan Stanley?
Robert David (CRD #5211223) who was formerly registered with Morgan Stanley and located in Farmington Hills, Michigan is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Robert David was associated with and one other investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.
Morgan Stanley Broker Misconduct
In his career, Robert David has been the subject of 5 customer complaints that we know about, 4 of those complaints were filed in the last year to recover investment losses. Three of Robert David’s 5 customer complaints were settled in favor of investors.
There are currently 3 pending customer complaints filed against Robert David’s former employer Morgan Stanley for investment losses caused by his alleged misconduct. In 2019, Robert David was terminated at Morgan Stanly for allegedly entering inaccurate client profile information relative to a bond transaction and concerns that some of those transactions were not confirmed immediately beforehand.
Allegations Against Robert David
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- The client alleged unsuitability with respect to investments.
- The client alleged failure to follow instructions with respect to investments made in his managed account.
- The client alleged misrepresentation with respect to corporate bond investments.
Robert David Red Flags & Your Rights as An Investor
Of course, Robert David 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 Robert David at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Robert David has engaged in any stockbroker misconduct that may have caused them investment losses.
A 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 Robert David 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.
Rate this Post
Loading...