Mark David Rosenberg, of Atlanta, Georgia, a stockbroker registered with Morgan Stanley since November 1, 2011, is the subject of a customer initiated investment related written complaint on March 21, 2017, in which the customer alleged that Facebook shares were purchased in the customer’s account without the customer’s consent.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that from March 26, 1990, to October 3, 2014, Rosenberg has been identified in nine additional customer initiated investment related disputes containing allegations of his misconduct while employed with UBS Financial Services Inc., Prudential-Bache, and Morgan Stanley. In particular, on December 23, 2008, a customer initiated investment related written complaint pertaining to Rosenberg’s conduct was settled for $425,000.00 in damages based upon accusations of Rosenberg having made false statements to the customer concerning auction rate securities, misrepresentations to the customer concerning liquidity and structure of auction rate securities, and omissions concerning the risks of investing in the floaters.

Subsequently, a customer initiated investment related arbitration claim regarding Rosenberg’s activities was resolved for $100,000.00 in damages supported by allegations of misrepresentation regarding Lehman Brothers structured products. FINRA Arbitration No. 11-00588 (July 18, 2011). Then, on September 13, 2012, a customer filed an investment related written complaint regarding Rosenberg’s activities, where the customer requested $19,190.00 in damages founded on accusations that Rosenberg breached his fiduciary duties to the customer about a Facebook initial public offering.

Further, on July 16, 2015, a customer initiated investment related arbitration claim involving Rosenberg’s conduct was settled for $30,000.00 in damages based upon allegations that Rosenberg made unsuitable bond recommendations to the customer. FINRA Arbitration Case No. 14-02741 (July 16, 2015).

Guiliano Law Group

Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

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