DID JAMES RICHARD SOPHIA JR CAUSE YOU INVESTMENT LOSSES?
James Sophia, Jr was fired from Morgan Stanley in January 2025, due to a number of allegations in violation of firm policies.
Who is James Sophia, Jr formerly with Morgan Stanley?
James Sophia, Jr (CRD #3222645) who was formerly registered as a broker with Morgan Stanley and located in Purchase, New York, is a subject of one of our many securities industry sales practice abuse investigations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
James Sophia, Jr Employment History and Termination
James Richard Sophia Jr. has over 25 years of experience in the securities industry, with employment at several firms since 1999, including Morgan Stanley, Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Financial Services Inc. and Wachovia Securities, Inc.
He is currently registered in nine U.S. states and territories and has passed two general industry/product exams, two multi-state securities law exams but has not completed any principal/supervisory exams.
Mr. Sophia has currently registered with Vanderbilt Advisory Services as an investment adviser and Vanderbilt Securities LLC as a registered broker since January 2025.
Negative Disclosures Summary
The following disclosure events were noted on his record:
- One employment termination
- Date: January 9, 2025
- Firm: Morgan Stanley
- Details: Allegations of using a personal device for business communications, failure to disclose a lien, and an outside financial relationship with a customer.
- Customer Disputes
- Pending Dispute Filed May 17, 2024
- Firm: Morgan Stanley
- Complaint: Client alleged that an investment strategy implemented in their account was not in their best interests (2019–2024).
- Alleged Damages: $50,000
- Status: under review with FINRA Case # 24-01097.
- Settled Dispute 2011
- Firm: Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Complaint: Failure to follow customer instructions in July 2011.
- Status: Settlement Amount $8,484.90
- Settled Dispute 2022
- Firm: Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Complaint: Misrepresentations and unsuitable investment recommendations related to variable annuities (October 2008).
- Status: Settlement Amount $35,000
- Closed/Denied Dispute 2008
- Firm: Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Complaint: Unauthorized trading related to variable annuities.
- Status: Denied
- Closed/Denied Dispute 2002
- Firm: First Union Securities Inc.
- Complaint: Client claimed they were not properly advised about mutual fund fees, leading to an overpayment of $9,000 in fees.
- Status: Denied
James Sophia, Jr Red Flags & Your Rights As An Investor
Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of James Sophia, Jr is a red flag which should put all current and former customers of James Sophia, Jr at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether James Sophia, Jr 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 James Sophia, Jr
If you have questions about Morgan Stanley and/or James Sophia, Jr 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.
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