Investors might have sustained losses due to securities broker James Eric Monken (also known as Jimmy Monken) [CRD: 5765921, Clayton, Missouri], according to public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Monken worked for Morgan Stanley beginning September 11, 2012, and has remained registered with that firm since that time. Read on to discover more about the disclosures involving this securities broker.
Notably, on September 20, 2023, a Morgan Stanley Smith Barney client filed FINRA Arbitration No. 23-02561 about James Monken. Primarily, the client alleged that Monken engaged in sales practice violations by implementing a trading strategy that was not in the client’s best interest during the period of 2020 through 2022. Because of this, the client allegedly incurred damages. As a result, FINRA Arbitrators issued an Award dated March 24, 2026, in the amount of $225,000.
Specifically, a client of Morgan Stanley Smith Barney disputed James Monken’s sales practices by filing FINRA Arbitration No. 23-02046. Allegedly, Monken made misrepresentations regarding investments tied to managed accounts between 2021 and 2022. It appears that Monken allegedly caused the client to sustain damages. Therefore, FINRA Arbitrators issued an Award dated February 6, 2026, in the amount of $400,000.
Did you suffer any investment-related losses because of James Monken? You can contact Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the US. Also, our securities attorneys work on a contingency fee arrangement and advance all costs. Monken and brokerage firms Monken worked for deny any 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 […]
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