DID DANIEL J FUSCO CAUSE YOU INVESTMENT LOSSES?
Daniel Fusco Of Morgan Stanley And Formerly With UBS Financial Services Inc. Has A Customer Complaint For Alleged Broker Misconduct
About Daniel Fusco of Morgan Stanley?
Daniel Fusco (CRD #5829033) is currently registered with Morgan Stanley in Ponte Vedra Beach, FL, since January 2020, Fusco’s career is dotted with significant red flags, including a criminal conviction and a pending customer dispute. Despite being registered across an impressive 53 U.S. states and territories and holding multiple licenses, these concerns significantly overshadow his professional achievements. Fusco has passed a total of ten industry exams, including five principal/supervisory exams, which underscores his qualifications, yet his professional conduct remains under scrutiny due to his past actions.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Daniel Fusco Customer Complaint and Reviews
- Criminal Record (Resolved)
- Charge Date: January 15, 2005
- Amended Charge: Reduced to misdemeanor battery
- Disposition Date: July 15, 2005
- Outcome: Initially charged with felony battery, Fusco plead no contest to a lesser misdemeanor charge and completed probation along with community service.
- Customer Dispute (Pending)
- Date Complaint Received: February 2, 2024
- Allegations: The executrix of an estate alleges failure to supervise regarding the margin balance maintained in a deceased client’s account during the estate settlement from 2016 to 2023.
- Alleged Damages: $40,000
- Current Status: Pending resolution; Fusco’s response to the allegations is not detailed, which leaves potential clients uncertain about what happened.
Allegations Against Daniel Fusco
- Criminal Misconduct: Fusco was involved in a legal issue where he was initially charged with felony battery but ultimately pleaded no contest to a misdemeanor. This criminal background might raise concerns about his judgment.
- Professional Misconduct in Financial Advisory: Fusco faces serious allegations of failing to adequately supervise client accounts, specifically concerning the handling of margin balances after the client’s death. This pending dispute raises critical concerns about his fiduciary responsibility and the potential risk he poses to clients’ financial interests.
These sections outline the significant and concerning aspects of Fusco’s career.
Daniel Fusco Red Flags & Your Rights As An Investor
Of course, Daniel Fusco 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 Daniel Fusco at Morgan Stanley and UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Daniel Fusco has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley and UBS Financial Services Inc. also raises questions about the brokerage firms’ 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 Daniel Fusco
If you have questions about Morgan Stanley, UBS Financial Services Inc. and/or Daniel Fusco 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.
Rate this Post
Loading...