Richard Udine Has Been the Subject of a Pending Customer Complaint

Richard Udine

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 23, 2018 indicate that New Jersey-based Morgan Stanley broker/adviser Richard Udine is involved in a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Udine (CRD# 502671).

Richard Udine has spent 39 years in the securities industry and has been registered with Morgan Stanley in Mt. Laurel, New Jersey since 2009. Previous registrations include Citigroup Global Markets in Mt. Laurel, New Jersey (2005-2009); Morgan Stanley DW in Purchase, New York (1999-2005); Prudential Securities in New York, New York (1983-1999); Dean Witter Reynolds (1979-1982); and JB Hanauer & Company (1978-1979). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 12, 2002; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 8, 1980; Series 31 (Futures Managed Funds Examination), which he obtained on February 18, 2011; Series 7 (General Securities Representative Examination), which he obtained on January 19, 1980; Series 1 (Registered Representative Examination), which he obtained on June 5, 1979; and Series 52 (Municipal Securities Representative Examination), which he obtained on February 5, 1979. He is a registered broker and investment adviser with 29 US states and territories, and with four self-regulatory organizations (SROs): FINRA, NYSE American LLC, the Nasdaq Stock Market, and the New York Stock Exchange.

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

In December 2017 a customer alleged Richard Udine, while employed at Morgan Stanley Smith Barney, recommended unsuitable municipal bond products from 2009 until 2016. The customer is seeking $50,000 in damages in the pending complaint.

If you or someone you know has lost money investing with Richard Udine, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.