There are options for customers of Morgan Stanley broker William Coffey (CRD# 2245016) who suffered investment losses. Coffey has been registered with Morgan Stanley in Durango, Colorado since 2009.
Coffey has been the subject of one customer complaint, according to his CRD report:
June 2020. “Claimants allege, inter alia, unsuitability with respect to investments – July 2013 to April 2020.” The case is currently pending. The complaint was regarding unit investment trusts (UITs) and structured products.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Morgan Stanley may be liable for investment or other losses suffered by Coffey’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.