Meyer Wilson is investigating former Morgan Stanley broker Thomas Meier for allegations involving unsuitable energy-related investments, misrepresentation, breach of fiduciary duty, negligence, and unauthorized trading.
FINRA permanently barred Meier in March for conducting unauthorized trading in eight accounts. His unethical conduct allegedly yielded him nearly $265,000 in commissions over a three-year time span while costing his clients an estimated $818,000 and another $2 million in unrealized losses.
Thomas Meier was registered with Morgan Stanley between 2009 and April of 2016. He resigned from Morgan Stanley in March 2016 while under internal review.
According to public records, Morgan Stanley has already paid approximately $2.5 million dollars to date settling 13 customer disputes connected to his alleged misconduct. One dispute is currently pending.
Did You Suffer Financial Losses While Investing With Thomas Meier?
Broker dealers like Morgan Stanley may be held liable for the damages caused by broker misconduct.
Meyer Wilson represents nationwide investors who have suffered significant losses in their retirement plans, portfolios and investment accounts. If you lost money while investing with Thomas Meier, contact Meyer Wilson at (800) 738-1960 for a case evaluation with one of our skilled investment fraud attorneys today.