One or more investors possibly experienced losses because of securities broker Ralph Alvin Jackson III [CRD: 1569213, Los Angeles, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ralph Jackson III worked for Morgan Stanley from June 1, 2009 to June 11, 2025. Keep reading to know more about the disclosures reported against this broker.
Notably, on May 14, 2025, Morgan Stanley Smith Barney LLC disaffiliated with Jackson. Evidently, Morgan Stanley alleged that Jackson engaged in outside business activities and private financial transactions. Supposedly, this included Morgan Stanley clients.
Ralph Jackson is apparently the subject of an investigation initiated by the United States Securities and Exchange Commission. The investigation, which SEC started on February 18, 2025, has led to a subpoena for Jackson’s information about possible transactions involving Essential Coolers LLC.
Additionally, a client filed a complaint about Ralph Jackson. Allegedly, Jackson made unsuitable recommendations of corporate bonds. As a result, the client allegedly experienced damages. Therefore, on April 2, 2020, Morgan Stanley settled this matter by paying the client $165,000.00 in damages.
Also, a client of UBS Financial Services contested Ralph Jackson’s sales practices, according to a complaint. Mainly, the investor alleged that Jackson made unsuitable recommendations and made misrepresentations concerning private placements. Consequently, UBS Financial Services opted to settle the matter on February 5, 2015, by paying the investor $350,000.00.
Evidently, a UBS Financial Services client filed Civil Action No. BC512091 about Ralph Jackson. Allegedly, Jackson committed negligent misrepresentation and breached his fiduciary duty. For this reason, the client allegedly sustained damages linked to private equity investments. Therefore, on October 30, 2014, UBS Financial Services settled this matter by paying the client $6,000,000.00 in damages.
Do you have concerns or questions regarding investments you made with Ralph Jackson? You should reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney concerning a potential recovery. For years, Soreide Law Group has helped to recoup losses for investors throughout the country. Also, the firm handles cases on a contingency fee basis and advances the costs. Jackson and brokerage firms Jackson worked for deny accusations 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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