Former Morgan Stanley Broker Neil Kaplan Accused of Excessive Trading

Morgan Stanley

Erez Law is currently investigating former Morgan Stanley broker Neil Kaplan (CRD# 1615516) regarding excessive trading. He was registered with Morgan Stanley in Bethesda, Maryland from 2009 to 2017.

Neil Kaplan Customer Complaints

Neil Kaplan has been the subject of two customer complaints between 2018 and 2021, one of which was dismissed, according to his CRD report:

August 2021. “Claimant alleges, inter alia, excessive trading with respect to investments – Jan 2015 – Dec 2015.” The customer is seeking $240,000 in damages and the case is currently pending. The complaint was regarding common and preferred stocks.

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 Neil Kaplan’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.