Investors potentially experienced sales practice violations due to securities broker Gregory John Libby [CRD: 2455485, Paramus, New Jersey], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Libby has been employed with Morgan Stanley at its Paramus, New Jersey branch since June 1, 2009, and continues to be registered with the firm as both a broker and investment adviser. Read below to learn more about the disclosures involving Libby and the allegations connected to his securities practices.
Notably, on May 5, 2025, a Morgan Stanley client filed FINRA Arbitration No. 25-00909 about Gregory Libby. Mainly, the client alleged that Libby made unsuitable recommendations between 2019 and 2025 regarding an investments strategy. Consequently, the investor allegedly incurred damages linked to stocks. As a result, the client requested $500,000 in compensation from Morgan Stanley or Libby. This arbitration is pending a resolution.
Also, a client of Morgan Stanley contested Gregory Libby’s sales practices, according to a complaint. Allegedly, Libby gave unsuitable advice for the client’s retirement account, resulting in damages on stocks. Therefore, Morgan Stanley opted to settle the matter on February 15, 2024, by compensating the client in the amount of $50,000.
Are you concerned regarding investments you made with Gregory Libby? If so, contact Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer regarding recovering your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the USA. The firm also takes cases through a contingency fee arrangement and advances all costs. Libby and brokerage firms Libby worked for deny accusations referenced in public disclosures.
One or more investors possibly experienced losses because of securities broker Calvin James Heck [CRD: 1025767, Everett, Washington], based on public information found on FINRA BrokerCheck. Evidently, Heck has worked for Wedbush Securities Inc. in Los Angeles, California, since June 27, 2003, and in its Everett, Washington, office since June 11, 2020. Read on to […]
Investors potentially experienced sales practice violations due to securities broker Gregory John Libby [CRD: 2455485, Paramus, New Jersey], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Libby has been employed with Morgan Stanley at its Paramus, New Jersey branch since June 1, 2009, and continues to be registered with the […]
Investors apparently complained about securities broker Prakash Verma (also known as Mike Panjabi, Ramprakash Panjabi, and Mike Verma) [CRD: 4760483, Leander, Texas], based on disclosures found on FINRA BrokerCheck. Evidently, Verma worked for NYLIFE Securities LLC (CRD#: 5167) from November 17, 2004, to June 2, 2025. Read on to find out more about the disclosures […]
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