Robert C. David of Morgan Stanley in Farmington Hills, MI is Terminated Regarding Bond Sales
Have you lost money with financial advisor Robert C. David of Morgan Stanley in Farmington Hills, Michigan? We are investigating allegations of former customers related to Robert C. David or Bob David. His BrokerCheck report, a public record maintained by FINRA, states that Mr. David has been the subject of two customer complaints. He was also terminated by Morgan Stanley.
His BrokerCheck report states that he had complaints about corporate junk bonds. Robert C. David was also terminated by Morgan Stanley regarding allegations that he entered inaccurate client profile information related to a bond sale, and there was also concerns that the bond trades may have been unauthorized.
Robert C. David Jr. was a registered representative of Morgan Stanley from June 2009 to April 2019. He works at a branch office in Farmington Hills, Michigan.
Brokerage firms like Morgan Stanley have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Ann Arbor Michigan; Denver, Colorado; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including Michigan. Attorney Aaron Israels is licensed in Michigan, and he grew up in Holland. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Morgan Stanley.
Click to view: David, Robert BrokerCheck 8.28.19
If you lost money with Robert C. David or Morgan Stanley, please CONTACT US at 720-599-3505 or 206-795-5798 for a free evaluation of your case.