Were you the victim of Morgan Stanley broker Timothy Jennings (CRD# 4553681) who is accused of investment fraud? He has been registered with Morgan Stanley in Ithaca, New York since 2019. Previously, Morgan Stanley in Binghamton, New York from 2014 to 2019.
Timothy Jennings Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
November 2021. “Client alleged, inter alia, that the recommendation to open a managed account which led to all of her stocks being liquidated causing substantial capital gains was not in her best interest. 2021 damages unspecified.” The case is currently pending. The complaint was regarding managed 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 Timothy Jennings’ 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.