Losses with Steven W. Schmitt of Morgan Stanley in New York, NY

Stifel Nicolaus Stockbroker Loren Morrison Subject of Several Complaints

SOUTHFIELD, MICHIGAN     Did you lose money with financial advisor Loren Justin Morrison with Stifel Nicolaus in Southfield, Michigan?  The securities and investment fraud law firm of Israels & Neuman is reviewing claims made by former customers of Morrison.

According to FINRA’s BrokerCheck, Mr. Morrison has been the subject of four customer complaints, including three of which have been made since 2022.  The complaints make allegations about common and preferred stock.  One of the complaints settled for $2 million in August 2023.

From May 2021 to the present, Loren Morrison has been a representative of Stifel Nicolaus.  He also previously worked for LPL Financial.  He worked in a Southfield, Michigan office.  He was also the subject of three tax liens.

Israels & Neuman has an office in Ann Arbor, Michigan and regularly represents Michigan investors.  Attorney Aaron Israels grew up in Holland, Michigan, attended Detroit Mercy Law School, and practiced in Ann Arbor.  We  have recovered millions of dollars for investors in the past and have represented multiple investors against Stifel Nicolaus.

View BrokerCheck Report HERE.

If you lost money with Loren Justin Morrison or Stifel Nicolaus, please Contact Us at (720) 599-3505 or (206) 795-5798 for a free evaluation of your case.