JOHN LAWRENCE ALEX (JOHN L ALEX) has been registered both as a broker and financial advisor with MORGAN STANLEY of Morristown, New Jersey, since11/15/2011.
According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOHN L ALEX has 36 years of experience in the securities industry and has been registered with 4 firms. Alex has 4 disclosures on his FINRA CRD report, all 4 disclosures are “Customer Disputes,” and all 4 disputes have settled. The significance of Alex’s disclosures is underscored in FINRA NOTICE to MEMBERS 03-49. FINRA conducted a review of the CRD’s of all registered representatives, only .41% had been the subject of 3 or more customer complaints. In other words, JOHN L ALEX’s customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints.
The “Customer Dispute” dated 11/6/2024 filed against JOHN L ALEX settled for $425,000.00. The allegations were, “Client's attorney alleged that covered call option strategy was unsuitable for her since the underlying stock continued to increase in value during the time the strategy was in place.”
Another dispute dated 3/19/2013 settled for $250,000.00 following these allegations: “TIME FRAME: 2006-MAY 2008 CLAIMANT ALLEGES THAT RESPONDENTS ALLOWED THE TRUSTEE OF THE ACCOUNT AT ISSUE TO TRANSFER FUNDS OUT OF THE ACCOUNT WITHOUT THE PROPER AUTHORIZATION TO DO SO.”
The dispute dated 3/23/2012 filed against JOHN L ALEX settled for $52,000.00. The allegations were, “CLAIMANT COUPLE ALLEGED FA CONCENTRATED THEM IN HIGH YIELD MUTUAL FUNDS AND PREFERRED STOCK TIED TO REAL ESTATE MARKET. TIME FRAME: FEBRUARY 2008-JUNE 2008.”
The “Customer Dispute” filed against JOHN L ALEX dated 7/8/2010 settled for $24,900.00 with the allegations, “TIME FRAME: LATE 2007 - NOVEMBER 2008. CLAIMANT ALLEGES MISREPRESENTATIONS AND OMISSIONS REGARDING THE SALE OF LEHMAN BROTHERS STRUCTURED PRODUCTS.”
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Steven Graham (CRD 1977736) denies the allegations in a pending customer claim filed on August 11, 2026. The disclosure names Western International Securities as the firm, and the claim involves corporate bonds. No arbitrator has ruled on it. His BrokerCheck report also lists a settled bond dispute and a federal court matter from earlier years.
A claim filed on September 11, 2024 names Thomas Hamlin (CRD 2208505) over a 10% Senior Unsecured Note in iCap Fund III. Every disclosure on his BrokerCheck report involves an iCap private placement and names Somerset Securities as the firm. Each one settled, and a settlement is not an admission of wrongdoing.
Peter Po's most recent settlement came on June 28, 2026, when a corporate bond claim settled for $40,000. Po (CRD 3106974) appears in several settled customer disputes over corporate and high-yield bonds. The disclosures name NI Advisors or California Securities as the firm, and each matter ended in a settlement, not a finding.
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