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.
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 […]
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