Investors potentially experienced sales practice violations by securities broker Michael John Wagner [CRD: 4465334, Atlanta, Georgia], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Wagner worked for Morgan Stanley in Atlanta, Georgia, since March 16, 2012, as both a broker and investment adviser. Investors are encouraged to continue reading to find out more about disclosures involving Wagner and allegations concerning options investment strategies.
Evidently, on February 6, 2026, a Morgan Stanley Smith Barney client filed FINRA Arbitration No. 26-00254 about Michael Wagner. Primarily, the client alleged that Wagner engaged in unsuitable trading of an options strategy. Because of this, the client allegedly suffered damages. Consequently, the client requested $2,000,000 in compensation from Morgan Stanley Smith Barney or Wagner. BrokerCheck shows that this arbitration awaits a resolution.
Particularly, a client of Morgan Stanley Smith Barney contested Michael Wagner’s sales practices by filing FINRA Arbitration No. 22-00122. Allegedly, Wagner engaged in unsuitable trading. It appears that Wagner allegedly caused the client to incur damages on an options trading strategy. As a result, Morgan Stanley Smith Barney agreed to settle the matter on January 23, 2023, by compensating the client in the amount of $4,100,000.
Additionally, on August 16, 2021, a Morgan Stanley client filed a complaint about Michael Wagner. Mainly, the client alleged that Wagner made misrepresentations regarding a stock option strategy implemented in the client’s account. For this reason, the client allegedly sustained damages. Therefore, the client compensation from Morgan Stanley or Wagner. The complaint was denied on October 4, 2021.
Also, a client of MSSB disputed Wagner’s sales practices by filing FINRA Arbitration No. 20-03696. Allegedly, Wagner made misrepresentations with respect to an option strategy in managed accounts from January 2019 to January 2020. It appears that Wagner allegedly caused the client to experience damages. Consequently, MSSB opted to settle the matter on January 13, 2022, by compensating the client in the amount of $1,500,000.
Are you worried about investments you made through Michael Wagner? Get in touch with Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for individuals throughout the United States. Also, our securities lawyers work on a contingency fee basis and advance all costs. Wagner and brokerage firms Wagner worked for deny accusations of sales practice violations.
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Investors potentially experienced sales practice violations by securities broker Michael John Wagner [CRD: 4465334, Atlanta, Georgia], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Wagner worked for Morgan Stanley in Atlanta, Georgia, since March 16, 2012, as both a broker and investment adviser. Investors are encouraged to continue reading […]
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