Robert Rumley Facing Complaints From Morgan Stanley Clients

Soreide Law Group is looking into possible investor claims on behalf of those who incurred losses through securities broker Robert James Rumley III [CRD: 4474706, Atlanta, Georgia]. Evidently, Rumley worked for Morgan Stanley from May 26, 2011, to October 8, 2021. Continue reading to learn more about Rumley's disclosures.

Morgan Stanley Investor Accused Rumley Of Mismanagement

Particularly, on August 31, 2023, a Morgan Stanley client filed FINRA Arbitration No. 23-02386 about Robert Rumley. Specifically, the client alleged that Rumley did not manage her accounts in her best interests from 2013 to 2021. Consequently, the client allegedly sustained damages. Therefore, the client requested compensation from Morgan Stanley or Rumley. Notably, this arbitration is pending a resolution.

Robert Rumley Disclosed Unauthorized Trading Allegations By Morgan Stanley Client

Also, a client of Morgan Stanley contested Robert Rumley's sales practices, according to a complaint dated June 19, 2013. Allegedly, Rumley sold stock on August 24, 2012, without authorization. It appears that Rumley allegedly caused the client to sustain damages. Therefore, the client sought compensation from Morgan Stanley or Rumley in this matter. However, this complaint was closed with no action on October 17, 2013.

Did You Sustain Losses Because Of Rumley?

Did you experience damages because of securities broker / financial advisor Robert Rumley? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Rumley and brokerage firms he worked for deny accusations of sales practice violations.