Anthony Ferrone, formerly of Morgan Stanley, Barred from Securities Industry
Have you lost money with financial advisor Anthony Ferrone of Ridgewood, New Jersey? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Anthony V. Ferrone. FINRA barred Ferrone from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Ferrone regarding allegations that he engaged in potentially unsuitable trading of Unit Investment Trusts (or UITs) in customer accounts.
Anthony Ferrone was a financial advisor and registered representative of Morgan Stanley from July 2011 to August 2016. He was also affiliated with Ameriprise Financial Services from September 2016 to April 2017. He worked at a branch office in Ridgewood, New Jersey. Ferrone has been the subject of four customer complaints.
Brokerage firms like Morgan Stanley have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New Jersey. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Morgan Stanley.
Click to view: Ferrone, Anthony FINRA AWC
Click to view: Ferrone, Anthony BrokerCheck 7.26.17
If you lost money with Anthony Ferrone or Morgan Stanley, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.