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Thomas Forbes of Morgan Stanley Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Thomas Forbes of Morgan Stanley?

Thomas Forbes (CRD #818699) who is currently registered with Morgan Stanley and located in Bloomfield Hills, Michigan is a subject of one of our many securities industry sales practice abuse investigations.

Thomas Forbes Customer Complaints

Thomas Forbes has been the subject of 2 customer complaints that we know about, which was filed in the last year to recover investment losses. One of Thomas Forbes’ 2 customer complaints was settled in favor of investors. One of Thomas Forbes’ customer complaints was denied and the customer did not take any further action.

Allegations Against Thomas Forbes

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

  • Trustee verbally alleged Thomas Forbes’ failure to follow instructions with respect to liquidation of shares in trust accounts.
  • Customer alleged that Thomas Forbes transferred an annuity contract to a new contract with an early surrender charge.

Thomas Forbes Red Flags & Your Rights As An Investor

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

If you have questions about Morgan Stanley and/or Thomas Forbes 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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