Andrew Wilson Allegedly Recommended Unsuitable Municipal Bonds and ETF Products

Andrew WilsonPublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 24, 2017 indicate that Nevada-based Merrill Lynch broker/adviser Andrew Wilson, also known as David Wilson and Drew Wilson, has been the subject of several customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Wilson (CRD# 2212980).

Andrew Wilson has spent 25 years in the securities industry and has been registered with Merrill Lynch in Las Vegas, Nevada since 2010. Previous registrations include Morgan Stanley Smith Barney in Las Vegas, Nevada (2009-2010); Morgan Stanley & Company in Las Vegas, Nevada (2007-2009); and Morgan Stanley DW in Las Vegas, Nevada (1992-2007). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 3 (National Commodity Futures Examination); Series 31 (Futures Managed Funds Examination); Series 7 (General Securities Representative Examination); and Series 8 (General Securities Sales Supervisor Examination [Options Module & General Module]). He is a registered broker and investment adviser with 19 US states and territories: Arizona, California, Colorado, Connecticut, Florida, Idaho, Illinois, Indiana, Maryland, Michigan, Nevada, New Mexico, North Carolina, Oklahoma, Oregon, Texas, Utah and Washington. His self-regulatory organization (SRO) registrations include: BOX Options Exchange, Bats BYX Exchange, C2 Options Exchange, Chicago Stock Exchange, FINRA, Nasdaq GEMX, Nasdaq Stock Market, and New York Stock Exchange.

According to his BrokerCheck report, he has received three customer complaints.

In 2014 a customer customer alleged Andrew Wilson, while employed at Morgan Stanley Smith Barney, recommended unsuitable municipal bond and exchange-traded fund products. The complaint settled for $200,000.

In 2010 a customer customer alleged Andrew Wilson, while employed at Morgan Stanley & Company, did not adequately disclose illiquidity issues pertaining to an investment in auction rate securities. The complaint settled with the firm’s repurchase of the securities at par value for $200,000.

In 2009 a customer customer alleged Andrew Wilson, while employed at Morgan Stanley & Company, misrepresented and recommended unsuitable auction rate securities. Morgan Stanley & Company repurchased the securities at par value for $200,000.

If you have complaints regarding Andrew Wilson, also known as David Wilson and Drew Wilson, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover your losses. All cases are taken on a contingency basis: we only get paid if and when you collect money. The law sets a limited window to file complaints, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.

 

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