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Richard Hartnett (Morgan Stanley): Two Pending Customer Complaints

Richard HartnettThe securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding South Carolina and Florida-based Morgan Stanley broker/adviser Richard Hartnett (CRD# 238990).

Richard Hartnett has spent 43 years in the securities industry and has been registered with Morgan Stanley in Aiken, South Carolina and West Palm Beach, Florida since 2009. Previous registrations include Morgan Stanley & Company in Boca Raton, Florida (2007-2009); Morgan Stanley DW in Boston, Massachusetts (2001-2007); CIBC World Markets in New York, New York (1996-2001); Smith Barney in New York, New York (1993-1996); Lehman Brothers in New York, New York (1988-1993); and Kidder Peabody (1972-1988). He is a registered broker and investment adviser in 34 US states and territories.

According to his BrokerCheck report, Richard Hartnett is the subject of five customer complaints and two pending customer complaints.

In 2015 a customer alleged Hartnett, while employed at Morgan Stanley, recommended unsuitable investments. The customer is seeking unspecified damages in the pending complaint.

In 2015 a customer alleged Richard Hartnett, while employed at Morgan Stanley, misrepresented and recommended unsuitable investments. The customer is seeking unspecified damages in the pending complaint.

In 2012 a customer alleged Hartnett, while employed at Morgan Stanley, executed unauthorized and unsuitable transactions. The complaint resulted in an award to the customer of $150,000.

In 2001 a customer alleged Richard Hartnett, while employed at CIBC World Markets, made unsuitable investments, churned the account, ignored instructions, and fabricated documents. The complaint settled in 2002 for $367,500.

In 2001 a customer alleged Hartnett, while employed at CIBC World Markets, executed unauthorized trades, churned the account, and used margin without authorization. The complaint settled in 2002 for $375,000.

In 1984 a customer alleged Richard Hartnett executed unauthorized and excessive transactions. The complaint settled for $56,000.

In 1981 a customer alleged Hartnett, while employed at Kidder Peabody, churned the account. The complaint settled for $75,000.

If you or someone you know has lost money investing with Richard Hartnett, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we encourgae you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.