Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 1, 2016 indicate that New Jersey-based FSC Securities broker/adviser Leonard Fox Jr. has received resolved or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Fox (CRD# 1034449).
Leonard Fox has spent 33 years in the securities industry and has been registered with FSC Securities in Marlton, New Jersey since 2013. Previous registrations include Morgan Stanley in Voorhees, New Jersey; Morgan Stanley & Company in Voorhees, New Jersey; Morgan Stanley DW in Voorhees, New Jersey; Janney Montgomery Scott in Philadelphia, Pennsylvania; Merrill Lynch, and First Jersey Securities. He is a registered broker and investment adviser in Florida, Louisiana, New Jersey, and Pennsylvania.
According to his BrokerCheck report, Leonard Fox has received one regulatory sanction, two customer complaints, and one pending customer complaint.
In June 2016, a customer alleged Leonard Fox, while employed at Morgan Stanley, misappropriated funds. The customer is seeking unspecified damages in the pending complaint.
In 2012, FINRA sanctioned Leonard Fox following allegations he borrowed money from a customer without informing or otherwise obtaining permission from his member firm, Morgan Stanley & Company, in contravention of firm policy. He was issued a 10-day suspension and a fine of $2,500.
In 2009, a customer alleged Leonard Fox, while employed at Morgan Stanley & Company, failed to follow instructions. The complaint settled for $125,000, to which Mr. Fox individually contributed $27,500.
In 2003, a customer alleged Leonard Fox, while employed at Janney Montgomery Scott, misrepresented material facts, made unsuitable investment recommendations, acted negligently, and failed to supervise. The complaint settled for $20,000.
If you or someone you know has complaints regarding Leonard Fox Jr., call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.