Former Morgan Stanley Broker Kevin Doyle Investment Losses
Posted on Monday, February 24th, 2020 at 8:40 pm
Were you the victim of former Morgan Stanley broker Kevin Doyle (CRD# 2102345)? Doyle has been registered with Raymond James & Associates, Inc. in Tulsa, Oklahoma since 2018. Previously, Doyle was registered with Morgan Stanley in Tulsa, Oklahoma from 2009 to 2018.
Doyle has been the subject of two customer complaints between 2018 and 2019, according to his CRD report:
April 2019. “Claimant alleges, inter alia, excessive trading with respect to investments 2012 – 2018.” The case is currently pending. This complaint was regarding municipal debt and took place while Doyle was registered with Morgan Stanley.
August 2018. “Claimants allege, inter alia, that their investment strategy from 2012 – 2018 was unsuitable.” The customer sought $43,456,291 in damages and the case was settled for $12,500,000. This complaint was regarding municipal debt and took place while Doyle was registered with Morgan Stanley.
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, FIRM may be liable for investment or other losses suffered by Doyle’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.