DC-based Morgan Stanley broker/adviser is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Doyle (CRD# 2370593).
Peter Doyle has spent 21 years in the securities industry and has been registered with Morgan Stanley in Washington, DC since 2009. Previous registrations include Morgan Stanley & Company in Washington, DC (2008-2009); Wachovia Securities in Washington, DC (2003-2008); and Prudential Securities Incorporated in New York, New York (1995-2003). He is a registered broker and investment adviser in 23 US states and territories.
According to his BrokerCheck report, Peter Doyle is the subject of one pending customer complaint.
In July 2015 a customer alleged Peter Doyle, while employed at Morgan Stanley Smith Barney, executed unauthorized trades, made unsuitable purchases, and failed to disclose fees associated with the account. The customer is seeking $5,000,000 in damages in the pending complaint.
According to FINRA rules and federal securities law, financial professionals like Peter Doyle are prohibited from executing transactions without a customer’s permission or authorization. There are certain exceptions, including discretionary accounts and, in some circumstances, margin accounts. Brokers, investment advisers, and broker-dealer firms who effect unauthorized trades may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has suffered losses investing with Peter Doyle, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recoup losses. Fitapelli Kurta accepts every case on contingency: we only receive payment 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.
This information is based on publicly available documents provided by FINRA on March 21, 2016.