Unsuitable Investment Recommendations with Former Morgan Stanley Broker Michael Coughlin

Morgan Stanley

Former Morgan Stanley broker Michael Coughlin (CRD# 2055946) regarding is accused of unsuitable investment recommendations. He was registered with Morgan Stanley in Stamford, Connecticut, from 2009 to 2022. 

Michael Coughlin Customer Complaints

He has been the subject of two customer complaints between 2011 to 2022, one of which was denied, according to his CRD report:

August 2022. “Claimant alleges, inter alia, unsuitability with regards to investment in accounts – Jan 2009 – Nov 2021.” The customer is seeking $500,000 in damages, and the case is currently pending. The complaint was regarding managed and wrap accounts, and it took place while he was registered with Morgan Stanley.

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 Michael Coughlin’s 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.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.