Investors Sue Morgan Stanley For Sale Of Unsuitable Bonds
Mikhail Jared Hess of San Francisco California stockbroker currently registered with Morgan Stanley is referenced in a customer initiated investment related arbitration claim where the customer sought $75,000.00 in damages supported by accusations that between October of 2014 and January of 2016, unsuitable corporate debt transactions had been effected in the customer’s account. Financial industry Regulatory Authority (FINRA) Arbitration No. 19-00141 (Jan. 15, 2019).
FINRA Public Disclosure reveals that Hess has been identified in another customer initiated investment dispute on December 5, 2016, in which the customer requested $32,272.00 in damages based upon allegations that while Hess was associated with Morgan Stanley, the customer’s funds had been allocated in unsuitable corporate bonds.
Hess has been associated with Morgan Stanley since January 17, 2008.