DID SHAWN EDWARD GOOD CAUSE YOU INVESTMENT LOSSES?

Shawn Good Of Morgan Stanley Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Shawn Good of Morgan Stanley?

Shawn Good (CRD #2022168) who was formerly registered with Morgan Stanley and located in Wilmington, North Carolina, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Shawn Good was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Shawn Good has had his own regulatory problems. In 2022, he was permanently barred and all capacities for any further association with any FINRA member firm for failing to cooperate in one of its investigations. The next year, the SEC filed a lawsuit and Shawn Good settled it without admitting or denying the findings that he perpetrated a multi-year Ponzi scheme which involved his clients at Morgan Stanley and that, in doing so, he defrauded his clients of at least $4.8 million.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Shawn Good Customer Complaints

Shawn Good has been the subject of 4 customer complaints that we know about seeking to recover investment losses. Two customer complaints were settled by Morgan Stanley in favor of the investors for $2,275,000 and $175,000. Wells Fargo Advisors denied another customer complaint in the investor took no further action. There is currently one FINRA arbitration proceeding pending against Morgan Stanley for Shawn Good’s alleged misconduct.

Allegations Against Shawn Good

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

• The customer was fraudulently induced to withdraw funds from a portfolio loan account and invest the proceeds in and outside real estate investment.
• Misrepresentation of an Ohio National annuity.
• Misappropriation of funds related to an outside real estate investment opportunity.
• Misappropriation of funds from claimants’ liquidity access credit line account.

Shawn Good Red Flags & Your Rights As An Investor

Of course, Shawn Good did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Shawn Good at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Shawn Good has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Morgan Stanley Due To Shawn Good

If you have questions about Morgan Stanley and/or Shawn Good and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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