Public records published by the Financial Industry Regulatory Authority (FINRA) on June 30, 2016 indicate that former Pennsylvania-based Morgan Stanley broker Robert Beck is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Beck (CRD# 2121454).
Robert Beck has spent 25 years in the securities industry and was most recently registered with Morgan Stanley in Jenkintown, Pennsylvania (2012-2016). Previous registrations include UBS Financial Services in Philadelphia, Pennsylvania (2001-2012); First Union Securities in St. Louis, Missouri (1999-2001); First Union Capital Markets in Charlotte, North Carolina (1997-1999); and Prudential Securities in New York, New York (1991-1997). He is currently not registered with any state or firm.
According to his BrokerCheck report, Robert Beck has received one customer complaint and was discharged from Morgan Stanley.
In May 2016, Robert Beck was terminated from his position at Morgan Stanley following “concerns relating to employee’s disclosures relating to outside activities.”
In 2014, a customer alleged Robert Beck, while employed at Morgan Stanley Smith Barney, executed excessive trades between May 2013 and May 2014. The complaint settled for $35,000.
In 2001, a customer alleged Robert Beck, while employed at First Union Securities, recommended unsuitable investments. The customer sought $80,000 in the complaint, which was denied.
In 1999, a customer alleged Robert Beck, while employed at First Union Securities, misrepresented material facts related to an investment. The customer sought $6,000 in damages in the complaint, which was withdrawn.
If you or someone you know has lost money investing with Robert Beck, 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: 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.