Morgan Stanley’s David Wachsman Involved in $1.6 Million Investor Dispute

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David Wachsman (CRD #: 2220024), a broker registered with Morgan Stanley, is facing an investor allegation of a $1.6 million loss, according to his BrokerCheck record, accessed on January 10, 2022. On January 28, 2021, an investor alleged that Wachsman overconcentrated an unsuitable investment in an investor’s portfolio. The alleged misconduct took place from 2010 […]

Morgan Stanley Fined by State of New Hampshire

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On November 27, 2018, Morgan Stanley was fined by the State of New Hampshire, Bureau of Securities Regulations. That is the agency that has jurisdiction over enforcing the Uniform Securities Act in the state of New Hampshire. Here are the allegations: An advisor at Morgan Stanley engaged in churning or excessive trading of stocks. The […]

Former Morgan Stanley Advisor Ebbert Jones Had History of Investor Disputes

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Ebbert Jones (CRD# 1226224), also known as Ashby Jones, has been involved in customer complaints alleging his investment recommendations led to substantial losses. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, last accessed on December 8, 2021, Mr. Jones was previously registered with Morgan Stanley in Newport Beach, California. Investor Settlements Totaled More […]

Former Morgan Stanley Advisor Wendell Kucker Has Long History of Customer Disputes

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Wendell Kucker (CRD# 711494) recently left his position at Morgan Stanley in Modesto, California and is currently not registered as a broker or an investment adviser. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, he has been involved in numerous customer complaints that resolved with settlements paid to the customer. Complaints Allege Concentration, […]

FINRA: Hammond Han Has History of Investor Disputes

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Hammond Han (CRD# 1576569) recently departed UBS Financial Services for Morgan Stanley’s office in Washington, DC. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, last accessed on December 2, 2021, Mr. Han has been involved in several customer complaints, most of them denied. Complaints: Han Recommended Unsuitable Securities Three customers filed complaints against […]

FINRA: Steven Caputo Has Customer Complaints

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Steven Caputo (CRD# 2133741) has been involved in customer disputes and is currently not registered as a broker or an investment adviser. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on December 1, 2021, Mr. Caputo was most recently registered with Morgan Stanley’s branch office in Stamford, Connecticut. Customer: Caputo Made Unsuitable […]

Morgan Stanley Advisor John Rochester Involved in $600,000 Investor Dispute

Evergreen Financial Group Rep Jonathan Pyne Involved in Investor Dispute

John Rochester (CRD# 2128760) is involved in a pending customer complaint detailing allegations of unauthorized trading. This is according to the Santa Fe-based Morgan Stanley broker/adviser’s BrokerCheck report, last accessed on November 27, 2021. More information on the complaints disclosed to the Financial Industry Regulatory Authority (FINRA) is available below. Investor: John Rochester’s Trading Caused […]

Morgan Stanley Advisor James Frank Involved in FINRA Case

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James Frank (CRD# 1212576) allegedly recommended unsuitable investments that caused six-figure losses. According to his Financial Industry Regulatory Authority BrokerCheck report—last accessed on November 23, 2021—Frank is currently registered with Morgan Stanley in West Palm Beach, Florida. Pending Complaint Alleges Unsuitable Investments FINRA records describe a pending customer complaint involving James Frank. Filed in September […]

Morgan Stanley Rep Adam Stowell Involved in $1 Million Customer Dispute

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Adam Stowell (CRD #: 5889607), a broker registered with Morgan Stanley in Alpharetta, Georgia, is involved in an investor dispute, according to his BrokerCheck record, accessed on November 24, 2021. Details are provided below. February 2021 Investor Complaint On February 18, 2021, an investor alleged that Adam Stowell of Morgan Stanley failed to follow instructions […]

Oklahoma Regulators Censured Robert Franden Over Discretionary Trading

Oklahoma Regulators Censured Robert Franden Over Discretionary Trading

Robert Franden (CRD# 2402061), a Tulsa-based broker and investment adviser, was recently sanctioned by securities regulators, according to Financial Industry Regulatory Authority records accessed on November 2, 2021. He was sanctioned in a joint order with Kevin Doyle.  If you have complaints regarding investments made with Mr. Franden, call MDF Law at 800-767-8040 for a […]