Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Nuss (Nuss), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Nuss 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 $10,000,000.00 on October 24, 2022.
Attorney for client alleges, inter alia, that recommendation for pension plan to utilize outside money manager who failed to implement a liability-driven investment strategy with short erm duration strategy was unsuitable from October 24, 2021 to October 24, 2022.