Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Allan Klenke (Klenke), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Klenke recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,700,000.00 on October 09, 2020.
Time frame: 2016-2020 Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.