DID RON ERNEST FILORAMO CAUSE YOU INVESTMENT LOSSES?
Ron Filoramo Formerly With Morgan Stanley Has 4 Customer Complaints For Alleged Broker Misconduct
Who is Ron Filoramo formerly with Morgan Stanley?
Ron Filoramo (CRD #3270398) who was formerly registered with Morgan Stanley and located in Fort Lauderdale, Florida, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Ron Filoramo was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Ron Filoramo has had his own regulatory problems as well. Just last year, the United States Securities and Exchange Commission sued adviser and entered into a consent offer and final judgment which resulted in them being permanently barred from any further association with the securities industry. FINRA also permanently barred him remain further association with any member firm in any capacity.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Ron Filoramo Customer Complaints
Ron Filoramo has been the subject of 4 customer complaints that we know about seeking to recover investment losses. One customer dispute was settled by Morgan Stanley in favor of the investor. There currently 3 more customer complaints pending with Morgan Stanley for the brokers alleged misconduct.
Allegations Against Ron Filoramo
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Three separate customers alleged in the financial adviser fraudulently induced customer to transfer funds to make outside investments that were never made.
- The SEC charged the adviser with a multiyear fraud, alleging he misappropriated approximately $761,000 from long-standing brokerage customers by misrepresenting he was making investments that were never made. The cover up the fraud. He allegedly created fake documents purported to show the Bond purchases. According to the SEC the adviser spent almost all the money, mainly at casinos.
Ron Filoramo Red Flags & Your Rights As An Investor
Of course, Ron Filoramo 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 Ron Filoramo at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Ron Filoramo 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.
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 Ron Filoramo
If you have questions about Morgan Stanley and/or Ron Filoramo 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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