Were you the victim of Morgan Stanley broker James Monken (CRD# 5765921)? He has been registered with Morgan Stanley in Clayton, Missouri, since 2012.
James Monken Customer Complaints
He has been the subject of two customer complaints in 2023, according to his CRD report:
September 2023. “Claim alleges, inter alia, that the trading strategy implemented in the client’s account was not in her best interest 2020-2022.” The customer is seeking $750,000 in damages, and the case is currently pending. The complaint was regarding a non-broker-dealer affiliate product.
July 2023. “Claimants allege, inter alia, misrepresentation with respect to investments in a managed account 2021-2022.” The case is currently pending. The complaint was regarding managed/wrap accounts and a non-broker-dealer affiliate product.
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 James Monken’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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