Investors File Disputes About Jimmy Driggers

Soreide Law Group is investigating possible investor claims against securities broker Jimmy Yang Driggers AKA Jimmy Driggers [CRD #: 1359593, Sarasota, FL]. Driggers worked for (1) Morgan Stanley from 2009-2021; (2) Morgan Stanley & Co. Inc. from 2008-2009; and (3) UBS Financial Services from 1996-2008.

Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that Morgan Stanley investors disputed the sales practices of the securities broker. Evidently, investors allege that Driggers caused financial damages to them. Here is a brief summary of the disclosures about Driggers:

Morgan Stanley Smith Barney Client Accuses Jimmy Driggers Of Unauthorized Use Of Funds

Evidently, on April 12, 2022, a Morgan Stanley Smith Barney client filed FINRA Arbitration #: 22-00795 about Jimmy Driggers. Specifically, the client alleged that Driggers used funds from the client's liquidity access line without authorization for real estate investments. Because of this, the client claims that they sustained damages relating to investments in private securities. Therefore, the client requested $4,000,000 in compensation from Morgan Stanley Smith Barney or Driggers. Evidently, this arbitration is pending a resolution.

MSSB Client Accuses Driggers Of Unsuitable Transactions

Also, a client of MSSB contested Jimmy Driggers’ sales practices by filing FINRA Arbitration #: 20-02743 on August 24, 2020. Supposedly, Driggers made unsuitable transactions. Allegedly, the hedge funds transactions involving this securities broker caused the client to sustain damages. Therefore, the client seeks compensatory relief from MSSB or Driggers in the amount of $200,000 in this ongoing matter.

Jimmy Driggers Allegedly Makes Unsuitable Transactions In Account Of Morgan Stanley Client

Evidently, a client of Morgan Stanley contested Jimmy Driggers’ sales practices, according to a complaint dated November 22, 2016. Supposedly, Driggers made unsuitable transactions. Allegedly, the stock transactions connected to this securities broker resulted in damages for the client. Therefore, the client sought compensatory relief from Morgan Stanley or Driggers. However, the securities broker-dealer denied this complaint.

UBS Financial Services Client Accuses Jimmy Driggers Of Misrepresentation

Also, a UBS Financial Services client filed FINRA Arbitration #: 10-03984 about Jimmy Driggers. Specifically, the client alleged that Driggers engaged in sales practice violations, including misrepresentations and unsuitable transactions. For this reason, the client purportedly experienced damages relating to investments in structured products. Therefore, on April 15, 2011, UBS Financial Services settled this matter by paying the client $207,000.

Did Morgan Stanley Smith Barney Securities Broker Driggers Cause You To Experience Damages?

Did you sustain damages by investing with Jimmy Driggers? If so, contact Soreide Law Group at (888) 760-6552 and discuss your situation with a securities attorney about a potential recovery of your investment damages. Soreide Law Group, who has successfully recovered money for investors throughout all 50 states, represents clients on a contingency fee basis and advances all costs. Driggers and brokerage firms Driggers associated with deny any and all allegations of sales practice violations.