Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and news reports accessed on August 25, 2017 indicate that New Jersey-based Morgan Stanley broker/adviser Michael Siva has been arrested in connection with an alleged insider trading scheme. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Siva (CRD# 1751280).
Michael Siva has spent 22 years in the securities industry and has been registered with Morgan Stanley in Morristown, New Jersey since 2009. Previous registrations include Morgan Stanley & Company in Morristown, New Jersey; Morgan Stanley DW in Morristown, New Jersey; and Schroder Wertheim & Company in New York, New York. He is a registered broker and investment adviser with 14 US states and territories: Arizona, California, Connecticut, Florida, Minnesota, Nebraska, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vermont and Washington.
According to his BrokerCheck report, he has been named in a pending Securities and Exchange Commission (SEC) complaint.