Robert David: Ex-Morgan Stanley Rep Terminated Over Bond Allegations
Public records provided by the Financial Industry Regulatory Authority and accessed on June 18, 2019 indicate that former Michigan-based Morgan Stanley broker Robert David, who is currently registered as an investment adviser with Advisor Services Network, was discharged from a former employer in connection to alleged rule violations and has received a pending customer complaint. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. David (CRD# 5211223).
Robert David has spent 12 years in the securities industry and was most recently registered as a broker with Morgan Stanley in Farmington Hills, Michigan (2009-2019). He was previously registered with Citigroup Global Markets in Farmington, Michigan (2006-2009) and has been registered as an investment adviser with Advisory Services Network in Farmington Hills, Michigan since April 2019. He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on April 20, 2010; Series 66 (Uniform Combined State Law Examination), which he obtained on October 16, 2006; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 31 (Futures Managed Funds Examination), which he obtained on November 8, 2006; and Series 7 (General Securities Representative Examination), which he obtained on October 3, 2006. He is currently not registered as a broker with any state or firm.
According to his BrokerCheck report, he was recently discharged from a former employer in connection to alleged rule violations and has received one pending customer complaint.
In May 2019 a customer alleged Robert David, while employed at Morgan Stanley Smith Barney, recommended unsuitable corporate bond investments between March 2017 and March 2019. The customer is seeking unspecified damages in the pending complaint.
In March 2019 he was terminated from his position at Morgan Stanley Smith Barney in connection to allegations he entered inaccurate customer profile information concerning “bond-related transactions” as well as for concerns that certain of these transactions “were not confirmed immediately beforehand.”
If you or someone you know has lost money investing with Robert David, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.