Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ayad Saad (Saad), previously associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Saad recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on December 04, 2023.
CLIENT ALLEGED THAT IT WAS IMPROPER FOR HER FA TO MAINTAIN HER POSITION IN APPLE IN A MANAGED ACCOUNT INCURING MANAGEMENT FEES WHEN IT WAS KNOWN THAT SHE HAD NO INTENTION OF SELLING ANY OF THE POSITION. DAMAGES UNSPECIFIED 2014-2023