How to Bring a Claim Against Morgan Stanley Broker J Shepard
Posted on Tuesday, September 22nd, 2020 at 8:09 pm
Erez Law is currently investigating Morgan Stanley broker J Shepard (CRD# 1334664) regarding customer investment losses. Shepard has been registered with Morgan Stanley in Oak Bluffs, Massachusetts since 2009.
Shepard has been the subject of two customer complaints between 2009 and 2020, according to his CRD report. The most recent complaint is regarding:
June 2020. “Client’s agent alleges, inter alia, that hedge funds purchased for the client were unsuitable. Damages unspecified 2019.” The case is currently pending and it is regarding hedge funds and non-broker-dealer affiliate products.
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 Shepard’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.