Laurence Michael Braunstein (Laurence Braunstein) Formerly Licensed with Morgan Stanley - Goodman & Nekvasil P.A., May Recover Investor Losses
Goodman & Nekvasil P.A., May Recover Investor Losses - Laurence Michael Braunstein (Laurence Braunstein) Formerly Licensed with Morgan Stanley
From 2010 until Laurence Braunstein’s resignation in 2015, Laurence Braunstein was licensed with Morgan Stanley. Laurence Braunstein is now licensed with Janney Montgomery Scott LLC. According to FINRA’s records, Laurence Braunstein resigned from Morgan Stanley on May 13, 2015. Morgan Stanley reported to FINRA there were allegations relating to Laurence Braunstein’s trading of UITs and ETFs in several clients’ accounts.
FINRA reports that three arbitration claims and/or complaints were filed involving Laurence Braunstein’s conduct with Morgan Stanley, alleging unsuitable investments, misrepresentation of risk, and/or invasion of principal without permission. These arbitration claims and/or complaints involving Laurence Braunstein were all settled. FINRA also reports of two previously settled arbitration claims involving Laurence Braunstein’s conduct alleging unsuitable investments, misrepresentation, omission and concealment of risks, breach of fiduciary duty, violation of the New Jersey Consumer Fraud Act, and/or fraud. These two arbitration claims settled for $490,316 and $125,000.
FINRA also reports that Lawrence Braunstein is the subject of an unsatisfied judgment/lien in the amount of $46,505.84, owed to the NYC Department of Finance.
If you lost any money on investments with Laurence Braunstein while Laurence Braunstein was employed with Morgan Stanley and/or Janney Montgomery Scott LLC you may be able to recover your losses from Morgan Stanley and/or Janney Montgomery Scott LLC. This is because Morgan Stanley and/or Janney Montgomery Scott LLC had a duty to supervise Laurence Braunstein.
If you lost money on investments with Laurence Braunstein, 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 Janney Montgomery Scott LLC concerning Laurence Braunstein’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 $170 million on behalf of victimized investors. If you lost money on investments with Laurence Braunstein 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.
Keywords: Laurence Michael Braunstein, Braunstein, Laurence Braunstein, SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, SecuritiesBack to Blogs