Morgan Stanley Terminates Ron Filoramo

The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker Ron Ernest Filoramo (also known as Ronald Ernest Filoramo) [CRD: 3270398, Fort Lauderdale, Florida]. Not only has Morgan Stanley disaffiliated with the securities broker, but investors disputed the sales practices of the securities broker, who worked for Morgan Stanley. However, Filoramo denies the allegations. Read on to learn more about the allegations against Filoramo.

Filoramo Discharged As Securities Broker

Evidently, Morgan Stanley disaffiliated with Filoramo on May 1, 2023. The firm disclosed trough BrokerCheck that Filoramo "induced his clients to move their funds into alleged investments that never had been made".

Morgan Stanley Investor Accused Ron Filoramo Of Outside Investments

Particularly, on April 20, 2023, a Morgan Stanley client filed a complaint about Ron Filoramo. Namely, the client alleged that Filoramo caused the client damages in connection with purported outside investments. Because of this, the client allegedly sustained damages. Therefore, the client requested $62,000 in compensation from Morgan Stanley or Filoramo. Evidently, this complaint is pending a resolution.

Filoramo Center Of Morgan Stanley Client’s Dispute

Notably, a client of Morgan Stanley contested Ron Filoramo’s sales practices, according to a complaint dated April 14, 2023. Allegedly, Filoramo induced his clients to move their funds into alleged investments that never had been made. Supposedly, Filoramo caused the client to sustain damages. Therefore, the client seeks compensatory relief from Morgan Stanley or Filoramo in the amount of $172,133.75 in this ongoing matter.

Morgan Stanley Investor Accused Ron Filoramo Of Improper Inducement

Additionally, on April 14, 2023, a Morgan Stanley client filed a complaint about Ron Filoramo. Namely, the client alleged improper inducement. Because of this, the client allegedly sustained damages. Therefore, the client requested $290,000 in compensation from Morgan Stanley or Filoramo. Evidently, this complaint is pending a resolution.

Filoramo Discloses Allegations From Another Morgan Stanley Client

Also, a client of Morgan Stanley contested Ron Filoramo’s sales practices, according to a complaint dated March 30, 2023. Allegedly, the client seeks compensatory relief from Morgan Stanley or Filoramo in the amount of $335,850 in this ongoing matter.

Employment Information

Ron Filoramo worked for Morgan Stanley as a securities broker from 2011 to 2023.

Did Morgan Stanley Securities Broker Ron Filoramo Cause You To Experience Damages?

Have you suffered damages because of Ron Filoramo? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group, who has successfully recovered money for investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Filoramo and brokerage firms Filoramo worked for deny accusations of sales practice violations.