Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mary Wright (Wright), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Wright recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on September 18, 2025.
Client, who instructed representative to invest her accounts in a low-risk, preservation of capital strategy involving cash-type vehicles, alleges that representative failed to act in her interests by placing her funds into a bank deposit program without explaining the features of the bank deposit program and failing to offer other higher-yielding alterative investment vehicles outside of the bank deposit program. Client seeks damages of up to $50,000 representing lost opportunity costs had her funds been invested in other investment vehicles.