Morgan Stanley

Broker Robert Chen in Morgan Stanley Firm Has Customer Complaint

April 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Chen (Chen), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Chen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on August 09, 2024.

Client alleged failure to follow instructions with respect to the sales of three securiites that he did not want sold when his managed account was incepted. January 2024

Broker Christopher Arnella in Morgan Stanley Firm Has Customer Complaint

March 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Arnella (Arnella), currently associated with Morgan Stanley, has at least one disclosable event. These events include one regulatory, alleging that Arnella recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on October 08, 2024.

On September 5, 2024, without admitting or denying the findings, Arnella entered into an Acceptance, Waiver and Consent (‘AWC’) with FINRA wherein Arnella consented to the entry of findings that between June 2017 and June 2020, Arnella made promissory and unwarranted statements to the public and firm customers about a publicly traded company, as well as statements that predicted performance of the company’s stock, including publicly posting his opinion about what he expected the future stock price to be by the end of 2018, and stating to two firm customers in writing that there was a ‘100 percent’ chance that the company’s loss in a patent litigation trial would be overturned. Arnella agreed to a one-month suspension from associating with any FINRA member in all capacities and to the payment of a fine in the amount of $5,000.

Broker John Alex in Morgan Stanley Firm Has Customer Complaint

March 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Alex (Alex), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Alex 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 $1,625,000.00 on November 06, 2024.

Client’s attorney alleged that covered call option strategy was unsuitable for her since the underlying stock continued to increase in value during the time the strategy was in place.

There are Recent Customer Complaints with Broker Haim Pekelis in Firm Morgan Stanley

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Haim Pekelis (Pekelis), previously associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Pekelis recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $480,000.00 on January 27, 2025.

Time Frame: November 01, 2007 to June 25th, 2008\, What were the allegations against the individual? The trustee alleges the Financial Advisor failed to follow her instructions and placed the account in a risky investment.

There are Recent Customer Complaints with Broker Christopher Smith in Firm Morgan Stanley

March 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Smith (Smith), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Smith recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $757,751.69 on February 18, 2025.

Claimant alleges, inter alia, unsuitability with respect to sale transactions executed in elderly client’s account in order to transfer funds after claimant had alerted FA team of scam – August 2023 to October 2023

There are Recent Customer Complaints with Broker Sean Righter in Firm Morgan Stanley

March 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Righter (Righter), previously associated with Morgan Stanley, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Righter recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on February 25, 2025.

Claimants allege, inter alia, unsuitability with respect to investments in managed accounts – November 2020 to January 2025

Broker Jack Wong in Morgan Stanley Firm Has Customer Complaint

March 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jack Wong (Wong), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Wong recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on February 26, 2025.

Claimant alleges, inter alia, unsuitability with respect to investments in managed accounts- June 2021 to September 2023

Broker Alessandro Spinetta in Morgan Stanley Firm Has Customer Complaint

March 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alessandro Spinetta (Spinetta), currently associated with Morgan Stanley, has at least one disclosable event. These events include one regulatory, alleging that Spinetta recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on February 28, 2025.

The Panel of the Chicago Mercantile Exchange (“CME”) Business Conduct Committee found that the representative entered buy and sell orders in currency futures for accounts with common beneficial ownership for the legitimate purpose of hedging the currency exposure in each. However, the Panel found that the orders traded against each other in part, and the representative knew or reasonably should have known that the execution of the orders would achieve a wash result, in violation of CME Rule 534.

Broker Anthony Gallea in Morgan Stanley Firm Has Customer Complaint

March 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Gallea (Gallea), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Gallea recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $429,000.00 on March 07, 2025.

ATTORNEY ALLEGES, INTER ALIA, THAT COVERED OPTION TRADING RECOMMENDED FOR CLIENTS WAS UNSUITABLE 2019-2023

Broker Michael Paesano in Morgan Stanley Firm Has Customer Complaint

March 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Paesano (Paesano), previously associated with Morgan Stanley, has at least one disclosable event. These events include one tax lien, alleging that Paesano recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 03, 2024.

Respondent Paesano failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.