Erez Law is currently investigating Morgan Stanley broker Todd Nuss (CRD# 5288692) regarding unsuitable investment recommendations related to a pension plan. He has been registered with Morgan Stanley in Beavercreek, Ohio since 2009.
Todd Nuss Customer Complaints
He has been the subject of one customer complaint in 2022, according to his CRD report:
October 2022. “Attorney for client alleges, inter alia, that recommendation for pension plan to utilize outside money manager who failed to implement a liability-driven investment strategy with short term duration strategy was unsuitable 2021-2022.” The customer is seeking $10 million in damages and 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 Todd Nuss’ 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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