Morgan Stanley Broker David Lewis Investment Loss Options

Morgan Stanley

Were you the victim of Morgan Stanley broker David Lewis (CRD# 1175193) who is accused of investment fraud? He has been registered with Morgan Stanley in Ponte Vedra Beach, Florida since 2015. 

David Lewis Customer Complaints

He has been the subject of five customer complaints between 2002 and 2022, one of which was denied and one was closed without action, according to his CRD report:

February 2022. “Client alleged that his best interests were not taken into consideration when he took a lump sum distribution. The client claimed that he received no guidance regarding what was the best way for him to receive inherited funds as a beneficiary of an IRA.” The case is currently pending. The complaint was regarding a managed wrap account.

February 2022. “Client alleged that his best interests were not taken into consideration when he took a lump sum distribution. The client claimed that he received no guidance regarding what was the best way for him to receive inherited funds as a beneficiary of an IRA.” The customer is seeking $44,342 in damages and the case is currently pending. The complaint was regarding a managed wrap account.

February 2022. “Client alleged that his best interests were not taken into consideration when he took a lump sum distribution. The client claimed that he received no guidance regarding what was the best way for him to receive inherited funds as a beneficiary of an IRA.” The case is currently pending. The complaint was regarding a managed wrap account.

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Morgan Stanley may be liable for investment or other losses suffered by David Lewis’ customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.