There are options for customers of Morgan Stanley broker William May (CRD# 1254424) who suffered investment losses. May has been registered with Morgan Stanley in Alpharetta, Georgia since 2009.
May has been the subject of one customer complaint, according to his CRD report:
December 2020. “Client alleges, inter alia, failure to follow instructions with respect to sale of shares to cover option exercise 2019.” The customer is seeking $1,026,950 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 May’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.