Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 19, 2017 indicate that former Maryland-based Morgan Stanley broker/adviser Charles Lease is involved in a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Lease (CRD# 304705).
Charles Lease has spent 50 years in the securities industry and was most recently registered with Morgan Stanley in Annapolis, Maryland (2009-2017). Previous registrations include Morgan Stanley & Company in Annapolis, Maryland (2007-2009); Morgan Stanley DW in Annapolis, Maryland (1989-2007); Shearson Lehman Hutton in New York, New York (1982-1989); Kidder Peabody & Company (1980-1982); Merrill Lynch (1978-1979); White Weld & Company (1975-1978); and Butcher & Singer (1967-1975). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on June 24, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 4, 1986; Series 3 (National Commodity Futures Examination), which he obtained on October 17, 1983; PC (AMEX Put and Call Exam), which he obtained on July 1, 1977; Series 000 (General Securities Principal Examination), which he obtained on July 1, 1966; and Series 1 (Registered Representative Examination), which he obtained on June 8, 1966. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one pending customer complaint and two denied customer complaints.
In November 2017 a customer alleged Charles Lease, while employed at Morgan Stanley Smith Barney, made unsuitable investment recommendations involving listed equities between July 2013 and September 2017. The customer is seeking unspecified damages in the pending complaint.
In 2016 a customer alleged Charles Lease, while employed at Morgan Stanley Smith Barney, recommended unsuitable investments in common and preferred stock products. The customer sought unspecified damages in the complaint, which was denied.
In 2001 a customer alleged Charles Lease, while employed at Morgan Stanley Dean Witter, mishandled the accounts, resulting in losses. The customer sought $167,069 in damages in the complaint, which was denied.
If you or someone you know has a complaint regarding Charles Lease, 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 a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.