Imagine waking up one morning to find out that your stocks have been sold without your knowledge or consent. That’s exactly what happened to a client of Morgan Stanley, one of the largest investment firms in the world. The client alleges that shares of stock were sold in her managed account against her written instructions. This is a serious allegation that could have far-reaching implications for both the client and the firm.
Understanding the Allegation
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Let’s break this down in simpler terms. The client, who entrusted her investments to Morgan Stanley, had given explicit written instructions about the handling of her stocks. However, she claims that these instructions were blatantly ignored, and her stocks were sold without her consent. The broker involved in this case is Diane Finnerty, who has been with Morgan Stanley since 2009.
This is not just a breach of trust, but potentially a serious violation of financial regulations. If proven true, it could result in severe penalties for the broker and the firm.
Haselkorn & Thibaut Steps In
The law firm of Haselkorn & Thibaut has stepped in to investigate the matter. With offices in Florida, New York, North Carolina, Arizona, and Texas, this national investment fraud law firm has a track record of helping aggrieved investors recover their losses.
- They have over 50 years of experience in the field.
- They have a stunning success rate of 98%.
- They have a “No Recovery, No Fee” policy, which means clients don’t have to pay unless they win their case.
Currently, Haselkorn & Thibaut is offering a free consultation to clients who may have been affected by this issue. You can reach them at 1-800-856-3352.
FINRA Arbitration: A Ray of Hope
For investors who find themselves in a similar situation, there’s a glimmer of hope. The Financial Industry Regulatory Authority (FINRA) Arbitration is a platform that can help investors recover their losses. This is a streamlined, less formal process than litigation and can result in a quicker resolution.
While the allegation against Morgan Stanley and Diane Finnerty is serious, it’s important to remember that it’s just that – an allegation. As the investigation continues, clients are encouraged to seek legal advice and explore their options.
In conclusion, the world of finance can be a tricky one to navigate. It’s essential to be vigilant, understand your rights as an investor, and know where to turn when things go awry. And with firms like Haselkorn & Thibaut on your side, you can rest assured that your interests will be protected.
