The securities fraud attorneys at Meyer Wilson are currently investigating
claims against former brokers Wendy B. Feldman (CRD# 1946800) and Peter
J. Doyle (CRD# 2370593).
According to the Financial Industry Regulatory Authority (FINRA), a FINRA
arbitration panel recently issued an award against Morgan Stanley and
its now-former brokers Wendy B. Feldman (CRD# 1946800) and Peter J. Doyle
(CRD# 2370593). The award ordered, among other things, that Morgan Stanley
and its brokers pay over $6 million in compensatory damages and over $2
million in punitive damages.
The dispute alleged that Feldman and Doyle made unsuitable purchases, engaged
in unauthorized trades, and failed to disclose fees in regard to client’s
accounts. The risky investments included a Papua New Guinea oil and gas
outfit as well as a Chinese internet company – at one point, the
former made up at least 43 percent of the investor’s account holdings.
Both Feldman and Doyle were discharged from Morgan Stanley on June 24,
2016 over allegations of failing to adhere to firm policies and / or industry
rules, including their use of trading discretion.
If you lost money investing with Morgan Stanley brokers and investment
advisers Wendy Feldman and / or Peter Doyle,
contact our securities fraud attorneys at Meyer Wilson for a free consultation in order to discuss your potential claim. We handle all of our cases on
a contingency fee basis, so you won’t owe us any fees unless we
help you recover your losses.