Erez Law is currently investigating Morgan Stanley broker Todd McBride (CRD# 5743641), who is accused of unsuitable investment recommendations. He has been registered with Morgan Stanley in Huntsville, Alabama, since 2010.
Todd McBride Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2023. “Client’s attorney alleges, inter alia, that the covered call strategy recommended was unsuitable 2019-2023.” The customer sought $500,000 in damages, and the case was settled for $158,500. The complaint was regarding options and managed wrap accounts.
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 Todd McBride’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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