Erez Law is currently investigating Morgan Stanley broker Michael Spector (CRD# 2857657) regarding options losses due to investment fraud. He has been registered with Morgan Stanley in Atlanta, Georgia since 2009.
Michael Spector Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
November 2021. “Client alleged FA employed unsuitable options investment strategy.” The customer is seeking $15,708,558 in damages and the case is currently pending.
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 Spector’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.