Kerrie Leigh Milligan (Kerrie Milligan) Disciplined by FINRA and Fired by Morgan Stanley – Goodman & Nekvasil P.A., May Recover Investor Losses
Goodman & Nekvasil P.A., May Recover Investor Losses - Kerrie Leigh Milligan (Kerrie Milligan) Disciplined by FINRA and Fired by Morgan Stanley
From 2001 to 2012, Kerrie Milligan was licensed with Morgan Stanley. Kerrie Milligan is now licensed with Raymond James & Associates, Inc. According to FINRA’s records, Kerrie Milligan was fired by Morgan Stanley on September 24, 2012. Morgan Stanley reported to FINRA that Kerrie Milligan processed a wire transfer request by an unauthorized third-party purporting to act on behalf of a client. Morgan Stanley reported to FINRA that this third party, unbeknownst to Kerrie Milligan, was engaged in fraudulent conduct to misappropriate funds from the client.
Subsequent to Kerrie Milligan’s firing by Morgan Stanley, FINRA investigated Kerrie Milligan and brought a disciplinary action against Kerrie Milligan. Kerrie Milligan consented to a censure and a $5,000 fine. Kerrie Milligan also consented to findings that Kerrie Milligan effected trades in a customer’s account on the instructions of the customer’s husband without the customer’s prior written authorization and without receiving prior written approval to exercise discretion in the account from Kerrie Milligan’s firm. Kerrie Milligan’s actions violated NASD Rules 2510(b) and FINRA Rule 2010.
If you lost money on investments with Kerrie Milligan and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Morgan Stanley and/or Raymond James & Associates, Inc. concerning Kerrie Milligan’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq, formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $300 million on behalf of victimized investors. If you lost money on investments with Kerrie Milligan and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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