Investors have come forward with complaints about securities broker Daniel Jay Sherman (CRD: 2136218, New York, New York). Notably, the securities broker, who worked for Morgan Stanley Smith Barney LLC, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Morgan Stanley Smith Barney LLC clients allege that Sherman made unsuitable recommendations. For more on these disclosures about Sherman, see below.
Specifically, a Morgan Stanley Smith Barney LLC client filed FINRA Arbitration: 21-00934 about Daniel Sherman. Namely, the client alleged that Sherman provided unsuitable advice. Because of this, the client allegedly sustained damages on stocks. Therefore, on July 5, 2022, Morgan Stanley Smith Barney LLC settled this matter by paying the client $17,500 in damages.
Also, a Citigroup Global Markets Inc. client filed FINRA Arbitration: 09-05412 about Daniel Sherman. Namely, the client alleged that Sherman failed to follow instructions and engaged in unauthorized trading. Because of this, the client allegedly sustained damages on stocks. Therefore, on December 9, 2010, Citigroup Global Markets Inc. settled this matter by paying the client $10,000 in damages.
Sherman joined Morgan Stanley Smith Barney LLC as a securities broker in June 2019 and as a financial advisor in March 2014.
Sustained damages because of broker Daniel Sherman? If you have, get in touch with Soreide Law Group at (888) 760-6552 and talk with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group, who has effectively recovered money for hundreds of investors across the United States, represents clients on a contingency fee basis and advances costs. Sherman and brokerage firms Sherman worked for deny all allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com