Investors potentially incurred losses because of securities broker Mary Colleen Wright (also known as Mary Colleen Leake) [CRD: 1023579, Boulder, Colorado], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Mary Wright has worked for Morgan Stanley since June 1, 2009, where she has been registered as both a broker and an investment adviser. Investors are encouraged to continue reading to discover more about disclosures involving Wright that appear on her FINRA BrokerCheck record.
Morgan Stanley Investor Accused Wright Of Omissions
Evidently, on September 18, 2025, a Morgan Stanley client filed FINRA Arbitration No. 25-01977 concerning Mary Wright. Primarily, the client alleged that Wright made omissions by placing funds into a bank deposit program without explaining the program’s features and by not offering higher-yielding alternative investment options outside of that program. Because of this, the client allegedly sustained damages. Therefore, the client requested up to $50,000 in compensation from Morgan Stanley or Wright. It appears that this arbitration awaits a resolution.
Mary Wright Disclosed Unsuitable Recommendations Allegations By Morgan Stanley Client
Specifically, a client of Morgan Stanley contested Wright’s sales practices, according to a complaint. Allegedly, Wright made unsuitable recommendations by advising an investment in silver that was not aligned with the client’s stated objective of capital preservation. It appears that Wright caused the client to incur damages relating to stocks. As a result, Morgan Stanley opted to settle the matter on January 13, 2012, by compensating the client in the amount of $9,449.03.
Did You Sustain Losses Because Of Securities Broker / Financial Advisor Wright?
Are you concerned about investments you made through Mary Wright? Get in touch with Soreide Law Group at (888) 760-6552 or online. Consult with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients located throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Wright and brokerage firms Wright worked for deny accusations of sales practice violations.
