Investor Lawyers BlogRetiree Files $1M Securities Arbitration Claim Against Morgan Stanley
退休并遭受健康问题的投资者正在寻求100万美元摩根士丹利(MS)。投资者是前发明人，声称经纪交易商没有适当监督处理其数百万美元帐户的财务顾问。他提出了金融业监管机构的主张，并指责该公司违反受托人，过失，unauthorized trading, excessive trading, fraudulent inducement, and significant tax liability.
The investor believes that over-concentation in risky sectors and over trading in too many individual stocks occurred, causing significant damage to his retirement funds. Among the investments that were involved were oil and gas investments, including Master Limited Partnerships. The claimant claims that Morgan Stanley hid the risks involved, even as the financial adviser engaged in a purportedly deceptive investment strategy. The result was that the investor’s account became heavily concentrated in risky investments.
The alleged broker negligence also purportedly caused tax consequences for the investor while benefiting Morgan Stanley with transactions costs of over $1M. The unsuitable taxable gains that were created by led to investment losses for the investor, even as the broker claimed that the investor’s account was profiting.
The claimant is seeking not just compensatory damages but also punitive damages.
Ourbroker fraud law firm代表个人投资者，包括由于金融代表和/或其公司的疏忽而造成损失的退休人员和高级投资者。财务顾问必须正确地向投资者披露涉及的任何投资风险，同时确保所有投资都是合适的，并且可以管理投资者投资组合的风险。经纪交易商负责充分监督其代表，以确保不会发生疏忽。
For many retirees that are no longer bringing in an income, sustaining investment losses can lead to financially catastrophic consequences. Contact oursenior investor fraud lawyerstoday. Your initial case consultation with Shepherd Smith Edwards and Kantas, LTD LLP is a free, no obligation session.
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