Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on July 23, 2018 indicate that California-based Morgan Stanley broker/adviser Theodore Coleman has received several pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Coleman (CRD# 50839).
Theodore Coleman has spent 53 years in the securities industry and has been registered with Morgan Stanley in Pasadena, California since 2013. Previous registrations include UBS Financial Services in Los Angeles, California (1995-2013); Kidder Peabody & Company in New York, New York (1978-1995); Kidder Peabody & Company (1974-1978); Clark Dodge & Company (1972-1974); and Paine Webber Jackson & Curtis (1965-1972). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 29, 1992; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 17, 1984; PC (AMEX Put and Call Exam), which he obtained on August 15, 1977; Series 1 (Registered Representative Examination), which he obtained on May 13, 1965; Series 40 (Registered Principal Examination), which he obtained on January 29, 1973; and Series 12 (NYSE Branch Manager Examination), which he obtained on July 14, 1969. He is registered broker and investment adviser with 18 US states and territories: Arizona, California, the District of Columbia, Florida, Georgia, Hawaii, Idaho, Maine, Maryland, Massachusetts, Michigan, Missouri, Nevada, Oregon, Pennsylvania, Utah, Virginia, and Washington. He is registered 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 three customer complaints.
In May 2018 a customer alleged Theodore Coleman, while employed at Morgan Stanley Smith Barney, executed excessive trades. The complaint settled for $48,000.
In 2011 a customer alleged Theodore Coleman, while employed at UBS Financial Services, misrepresented and recommended an unsuitable structured product. The complaint settled in 2012 for $206,693.
In 1992 a customer alleged Theodore Coleman, while employed at Kidder Peabody & Company, misrepresented material facts, churned investments, recommended unsuitable products, and breached his fiduciary duty. The complaint resulted in an award to the customer of $406,800.
If you have lost money investing with Theodore Coleman, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.