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Customer Alleged Marc Strasser Made an Unauthorized Trade

Marc Strasser

Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 23, 2018 indicate that Florida-based Morgan Stanley broker/adviser Marc Strasser has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Strasser (CRD# 1044685).

Marc Strasser has spent 35 years in the securities industry and has been registered with Morgan Stanley in Boca Raton, Florida since 2009. Previous registrations include Citigroup Global Markets in Boca Raton, Florida (2008-2009); UBS Financial Services in Boca Raton, Florida (1989-2008); the GMS Group (1988-1989); Moore & Schley Cameron & Company (1984-1988); Moore & Schley Municipals (1984-1988); and Marks Allen & Company (1982-1984). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 30, 1984, and Series 7 (General Securities Representative Examination), which he obtained on May 15, 1982. He is a registered broker and investment adviser with 15 US states and territories: California, Colorado, Connecticut, Florida, Georgia, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia, and Washington.

According to his BrokerCheck report, he has received three customer complaints and one pending customer complaint.

In 2005 a customer alleged Marc Strasser, while employed at UBS Financial Services, made an unauthorized trade. The complaint, later amended to clarify that “there was simply a miscommunication” in the original claim, settled for $22,600 with the trade’s cancellation.

In 2001 a customer alleged Marc Strasser, while employed at UBS Financial Services, recommended unsuitable municipal bonds and real estate investment trust securities. The complaint settled for $5,299.

In 1999 a customer alleged he, while employed at Painewebber, misrepresented material facts regarding municipal bond products when he did not inform her of the risks involved. The customer sought unspecified damages in the complaint, which was denied.

In 1991 a customer alleged Marc Strasser, while employed at the GMS Group, misrepresented material facts related to an investment, recommended an unsuitable investment, and breached his fiduciary duty. The complaint resulted in an award to the customer of more than $10,200.

If you or someone you know has a complaint regarding Marc Strasser, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.