Chris Arnella Has A Settled Investor Complaint – Goodman & Nekvasil, P.A.

Chris Arnella Has A Settled Investor Complaint – Goodman & Nekvasil, P.A. May Recover Investor Losses

MORGAN STANLEY investment adviser, Chris Arnella has a settled investor complaint involving allegations of unsuitable recommendations.

CHRISTOPHER PHILIP ARNELLA
CRD#: 4886531

Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.

CHRISTOPHER PHILIP ARNELLA (CRD#: 4886531), a registered representative for MORGAN STANLEY in New York, NY, has a settled investor complaint. According to Arnella’s FINRA BrokerCheck report, Claimant alleges, inter alia, unsuitability with respect to investments from 2018 to 2002 for which the respondent was not the Financial Advisor of record on the account during this or any time frame and did not receive any compensation.

The customers complaint settled for $2,500,000.00.

FINRA suspended Arnella for allegedly making promissory and unwarranted statements about a publicly traded company, and statements that predicted the future performance of the company’s stock. The findings stated that Arnella publicly posted his opinion about what he expected the future stock price of the company to be by the end of on eyear. Arnella also stated, in writing, to two firm customers that there was a 100 percent chance that the company’s loss in a patent litigation trial would be overturned.

Arnella consented to a one month suspension.

Chris Arnella has a settled investor complaint involving allegations of unsuitable recommendations.

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.

We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 9/10/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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