Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Douvadjian (Douvadjian), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Douvadjian recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on December 09, 2020.
Time Frame: September 2, 2020 to October 14, 2020\<char_lb_r>\, \<char_lb_r>\, What were the allegations against the individual? \<char_lb_r>\, The client alleges that her Financial Advisor failed to follow her instructions to complete and submit the necessary documents so her assets would not be escheated to the state. The alleged damages are in excess of $5,000.00.