Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on September 29, 2016 indicate that California-based Morgan Stanley broker/adviser Ralph Jackson 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. Jackson (CRD# 1569213).
Ralph Jackson has spent 29 years in the securities industry and has been registered with Morgan Stanley in Los Angeles, California since 2009. Previous registrations include Morgan Stanley & Company in Los Angeles, California; UBS Financial Services in Los Angeles, California; Salomon Smith Barney in New York, New York; Painewebber in New York, New York; Kidder Peabody & Company in New York, New York; Smith Barney in New York, New York; Lehman Brothers in New York, New York; Dean Witter Reynolds in Purchase, New York; Equico Securities; and the Equitable Life Assurance Society of the United States. He is a registered broker and investment adviser with fifteen US states and territories: Arizona, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Nevada, New York, Oregon, Pennsylvania, South Carolina, Texas, and Washington.
According to his BrokerCheck report, Ralph Jackson has received three customer complaints.
In 2014 a customer alleged Ralph Jackson, while employed at UBS Financial Services, misrepresented material facts regarding to suitability of investments and “acted like he had discretion on the account.” The complaint settled in February 2015 for $350,000.
In 2013 a customer alleged Ralph Jackson, while employed at UBS Financial Services, committed fraud, misrepresented material facts, breached his fiduciary duty, breached the covenant of good faith and fair dealing, violated unfair competition laws, and solicited investments in unsuitable private equity products. The complaint settled in 2014 for $6,000,000.
In 1999 a customer alleged Ralph Jackson, while employed at Salomon Smith Barney, acted negligently in connection to the sale of a restricted stock. The complaint settled for $65,000.
If you have complaints regarding Ralph Jackson, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.