Morgan Stanley broker Linda Schnell (CRD# 2622613) is accused of mutual fund losses. She has been registered with Morgan Stanley in Paramus, New Jersey, since 2009.
Linda Schnell Customer Complaints
She has been the subject of two customer complaints between 2008 and 2023, one of which was denied, according to her CRD report:
June 2023. “Claimant alleged, inter alia, that the investments strategy executed in the client’s account was unsuitable – 2020-2022.” The customer is seeking $330,000 in damages, and the case is currently pending. The complaint was regarding mutual fund investment losses.
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 Linda Schnell’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.
"*" indicates required fields
