Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 22, 2016 indicate that California-based Morgan Stanley broker/adviser Howard Wen has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Wen (CRD# 2833693).
Howard Wen has spent 18 years in the securities industry and has been registered with Morgan Stanley in Pasadena, California since March 2016. He was previously registered with Merrill Lynch in Pasadena, California (1998-2016). He is a registered broker and investment adviser with eight US states: California, Florida, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, and Washington.
According to his BrokerCheck report, Howard Wen has received two customer complaints and resigned from his position at Merrill Lynch.
In April 2016, a customer alleged Howard Wen, while employed at Merrill Lynch, executed unauthorized trades. The complaint settled for more than $6,000.
In March 2016, Howard Wen resigned from his position at Merrill Lynch following allegations he exercised discretion in non-discretionary accounts.
In 2002, a customer alleged Howard Wen, while employed at Merrill Lynch, breached his fiduciary duty, breached contract, misrepresented material facts, committed fraud, and engaged in non-disclosure. The complaint resulted in an award to the customer of $67,500.
If you have lost money investing with Howard Wen, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.