Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Alex (Alex), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Alex recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,625,000.00 on November 06, 2024.
Client’s attorney alleged that covered call option strategy was unsuitable for her since the underlying stock continued to increase in value during the time the strategy was in place.
