Investing should help you work toward your financial goals, not leave you with confusion or unexpected losses. Over the past several years, many investors in the Austin, Texas area have turned to The Stone Group at Morgan Stanley for guidance and advice. Some were introduced to complex financial products, such as structured notes and autocallable investments, that promised attractive returns. However, these investments can carry risks and features that are not always clear.
If you have noticed losses in your account or are unsure about the products recommended to you by The Stone Group, you are not alone.
Haselkorn & Thibaut, a national law firm focused on investment loss recovery, is investigating reports of substantial losses tied to these structured products. Our team is here to help you understand your options and, if appropriate, pursue recovery of your investment losses.
Don’t wait to take action. If you are concerned about your investments or have questions about your account, call Haselkorn & Thibaut today at 1-888-885-7162 for a free, confidential consultation. There is no obligation, and you pay nothing unless we recover your investments.
The Stone Group – Morgan Stanley, Austin, TX
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The Stone Group at Morgan Stanley’s Austin, TX branch has worked with many investors over the past several years. Some clients were introduced to structured products and autocallable notes, which can be complex and may not suit every investor’s needs or goals. If you have concerns about your investments or have experienced losses, reviewing your account and understanding your options is important.
Rhett O. Stone – Morgan Stanley
If you invested with Rhett O. Stone, you may have been recommended structured notes and autocallable products. These investments can be complex and may not be suitable for every investor. It is important to understand the risks and features of these products.
Candace Colleen Stone – Morgan Stanley
Candace Colleen Stone also worked at Morgan Stanley’s Austin office. You may want to review your account statements if you purchased structured notes or autocallables through her. Understanding how these products work and how they fit with your financial goals is essential.
Thomas D. Bray – Morgan Stanley
Thomas D. Bray is another broker whose recommendations are being reviewed. If you invested in structured notes or similar products with his guidance, you may have questions about the risks and performance of these investments.
William Edward Lawes – Formerly Morgan Stanley, Now UBS
William (Will) Lawes previously worked at Morgan Stanley in Austin and is now at UBS. If you followed his recommendations into structured products, it’s a good idea to evaluate how these investments have performed and whether they align with your risk tolerance.
What Are Autocallable Structured Products?
Autocallables are a type of structured note. They are linked to the performance of one or more underlying assets, such as stocks or market indexes. These products may offer higher yields than traditional investments, but they also carry specific risks.
- Linked to underlying assets: Returns depend on how these assets perform.
- Automatic redemption: The issuer can “call” your investment early if certain conditions are met.
- Complex terms: The rules and features can be difficult to fully understand.
- Principal at risk: If the underlying assets perform poorly, you may lose part or all of your original investment.
- Limited liquidity: These products may not be easy to sell before maturity.
Some autocallables are “worst-of” notes, which means the payout is based on the worst-performing asset in a group. This structure can increase the risk of loss.
Why Are These Investments Being Investigated?
Structured products like autocallables are not suitable for every investor. They are designed for those who understand the risks and complexities involved. In some cases, investors may not have received full explanations of these risks or how the products work.
Since 2020, brokers must follow Regulation Best Interest (Reg BI). This rule requires brokers to recommend investments that are in your best interest, based on your financial situation, goals, and risk tolerance. If these standards were not met, you may have options for recovery.
Key Risks to Consider
- Market Risk: If the underlying assets decline in value, your investment may lose value.
- Complexity: The payout structure can be difficult to understand.
- Issuer Risk: Your investment depends on the financial strength of the issuer.
- Liquidity: It may be challenging to sell these products before they mature.
What Should You Do Now?
If you have experienced losses in autocallable notes or structured products through The Stone Group at Morgan Stanley’s Austin office, consider having your portfolio reviewed. Even if you are unsure about your investments, a professional opinion can help clarify your options.
Why Contact Haselkorn & Thibaut?
- Free consultation: Learn if you have a case at no cost.
- No recovery, no fee: You pay nothing unless we recover money for you.
- Experienced team: We have decades of experience assisting investors.
- Clear communication: We explain your options so you can make informed decisions.
Take the Next Step
You have the right to understand your investments and seek recovery if you have experienced losses. Time limits may apply, so it’s important to act promptly.
Call Haselkorn & Thibaut today at 1-888-885-7162 for your free consultation. We are here to help you review your situation and explore your options.
