DID FRANCIS JAMES AURINO CAUSE YOU INVESTMENT LOSSES?
Francis Aurino of Morgan Stanley Has 4 Customer Complaints for Alleged Broker Misconduct
Who is Francis Aurino of Morgan Stanley?
Francis Aurino (CRD #1754375) who is registered with Morgan Stanley and located in Beverly Hills, California, is the subject of one of our securities-industry sales-practice investigations.
Investors who believe they suffered losses because of unsuitable recommendations, misrepresentations, or other broker misconduct can speak with an experienced investment fraud lawyer about their potential recovery options.
Francis Aurino Customer Complaints
Francis Aurino has been the subject of 4 customer complaints that we know about. There is currently one pending customer complaint filed against Morgan Stanley for investment losses caused by Francis Aurino’s alleged misconduct. Three of Francis Aurino’s customer’s complaints were denied and the customers did not take any further action.
Allegations Against Francis Aurino
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- The claimant alleges, inter alia, that Francis Aurino misrepresented securities that were not suitable for her investment portfolio.
- Claimants allege, inter alia, unsuitability with respect to investments by Francis Aurino.
- The client alleged bonds were unsuitable and misrepresented by Francis Aurino. Damages unspecified.
- The client alleged that Francis Aurino promised to take action in the account to minimize losses during a lengthy market downturn but did not do so.
Several of the reported allegations concern whether investment recommendations were appropriate for the customers involved. Investors who suffered losses from recommendations that did not match their objectives, risk tolerance, financial circumstances, or investment needs can review our information concerning unsuitable investments.
Francis Aurino Red Flags & Your Rights as An Investor
Of course, Francis Aurino 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 that should put all current and former customers of Francis Aurino at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Francis Aurino has engaged in any stockbroker misconduct that may have caused them investment losses.
A large number of customer complaints at Morgan Stanley 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.
Aurino was located in Beverly Hills, but the Law Offices of Robert Wayne Pearce, P.A. also serves investors throughout California, including those seeking assistance from a Los Angeles investment fraud lawyer, San Francisco investment fraud lawyer, San Jose investment fraud lawyer, or San Diego investment fraud lawyer.
File A Claim to Recover Your Investment Losses at Morgan Stanley Due to Francis Aurino
If you have questions about Morgan Stanley, Francis Aurino, or the management and performance of your investment accounts, contact Attorney Robert Wayne Pearce for a free initial consultation.
The investment fraud lawyers at the Law Offices of Robert Wayne Pearce, P.A. represent investors in claims involving unsuitable investments, misrepresentations, negligence, supervisory failures, and other securities-related misconduct.
