Can you recover losses due to recommendations by Morgan Stanley broker Michael Sherrill (CRD# 1261298)? He has been registered with Morgan Stanley in Palm Beach, Florida, since 2009.
Michael Sherrill Customer Complaints
He has been the subject of five customer complaints between 1998 and 2023, one of which was denied and one was closed without action, according to his CRD report. The most recent complaint was regarding:
March 2023. “Claimants allege, inter alia, unsuitability with respect to managed account – 2019 to 2022.” The customer is seeking $500,000 in damages, and the case is currently pending. The complaint was regarding common and preferred stocks and managed and wrap accounts.
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 Sherrill’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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