Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
A pending customer claim on the BrokerCheck report of Andrew Greaves (CRD: 6037600) alleges $15,000,000 in damages. The claimant filed it in September 2026, and no arbitrator has ruled on it.
The disclosure names Morgan Stanley as the firm. BrokerCheck lists his full name as Andrew D. Greaves.
The claimant filed on September 16, 2026 under docket number 26-02037. Among other things, the claimant alleges unsuitability in the recommendation and monitoring of a Liquidity Access Line. According to the disclosure, that line involved a concentrated equity position. The activity ran from May 2023 to December 2023.
So far, the claim remains pending, with alleged damages of $15,000,000. No arbitrator has ruled, so the allegations are still only the claimant's account. Greaves and the firm can answer them.
A securities-based line of credit lets a customer borrow against the investments in a brokerage account. The customer gets cash without selling those holdings, while the holdings serve as collateral. Liquidity Access Line is the name Morgan Stanley uses for its version.
However, the loan depends on the value of that collateral. When the holdings fall, the lender can demand more collateral. If the customer cannot add it, the lender can then sell positions, sometimes quickly and at low prices. The claim against Andrew Greaves points to the monitoring of the line as well as the recommendation.
A concentrated position means a large share of an account sits in a single stock. When that stock drops, the whole account drops with it. Borrowing against the same stock adds a second layer of risk, because the loan and its collateral then rest on one holding. According to the disclosure, the claim naming Andrew Greaves involves that combination.
For that reason, firms weigh concentration before they recommend a credit line, and they also watch the account after the line opens. The claim against Andrew Greaves questions both steps, the recommendation and the monitoring.
Customers with a line like this can read the loan agreement, which sets the collateral rules and the lender's rights. Monthly statements also show the loan balance next to the collateral value, so a narrowing gap shows up early.
FINRA member firms must supervise the activities of their brokers. If you have questions about an account that Andrew Greaves handled, call Soreide Law Group at (888) 760-6552. You can also reach us online to speak with a securities attorney. Our securities lawyers handle FINRA arbitration claims on a contingency fee basis. Learn how FINRA arbitration works.
This post summarizes public FINRA records, including BrokerCheck, as of October 6, 2026. Allegations in customer complaints and arbitrations are claims, not findings. Pending claims remain open and undecided. A settlement is also not an admission of wrongdoing. FINRA may also update or correct these records after that date.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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