Peggy Doherty-Punderson, previously with Morgan Stanley, Barred by FINRA
Have you lost money with financial advisor Peggy Doherty-Punderson? We are looking into allegations made about Peggy Jean Doherty-Punderson from Lebanon, New Hampshire. FINRA (the Financial Industry Regulatory Authority) barred Doherty-Punderson from the securities industry. FINRA alleged that she failed to respond to its investigation. FINRA was investigating Doherty-Punderson after she executed a mortgage deed with a customer.
Peggy Doherty-Punderson was a financial advisor and registered representative of Morgan Stanley from May 2013 to September 2019. She worked in a branch office in Lebanon, New Hampshire.
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 Seattle, Washington; Denver, Colorado; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including in New Hampshire. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Morgan Stanley.