Can you recover losses due to recommendations by Morgan Stanley broker Chad Mehle (CRD# 7008517)? He has been registered with J.P. Morgan Securities LLC in Irvine, California, since 2023, and Merrill Lynch, Pierce, Fenner & Smith Incorporated in Newport Beach, California, from 2022 to 2023, and Morgan Stanley in Beverly Hills, California, from 2018 to 2022.
Chad Mehle Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
August 2024. “Claimant alleged, inter alia, that investment strategy in account being used as collateral for a securities based loan was unsuitable – October 2020 through November 2022.” The case is currently pending. The complaint was regarding a non-broker-dealer affiliate products, and it took place while he was register 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, Morgan Stanley may be liable for investment or other losses suffered by Chad Mehle’s 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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