Investors File Disputes About Shawn Good

The Financial Industry Regulatory Authority (FINRA) reports allegations of sales practice violations by securities broker Shawn Edward Good [CRD #: 2022168, Wilmington, NC]. Good worked for (1) Morgan Stanley from 2012-2022; (2) Wells Fargo from 2004-2012; and (3) Charles Schwab from 1996-2004.

Notably, a Morgan Stanley client disputed the sales practices of the securities broker. Additionally, Good discloses a regulatory action concerning his bar from the securities industry. However, Good denies the allegations against him. Read on to learn more about the allegations.

Morgan Stanley Smith Barney Client Accuses Shawn Good Of Misappropriation

Evidently, on April 30, 2022, a Morgan Stanley Smith Barney client filed FINRA Arbitration #: 22-00944 about Shawn Good. Specifically, the client alleged that Good misappropriated funds. For this reason, the client purportedly sustained damages pertaining to investments in managed accounts. Therefore, the client requested compensation from Morgan Stanley Smith Barney or Good. Evidently, this arbitration is pending a resolution.

FINRA Bars Shawn Good

Specifically, FINRA says that on March 10, 2022, Good's former employer, Morgan Stanley, filed a Form U5 indicating that the firm had terminated Good's registration due to him declining to cooperate with the firm's investigation concerning client accusations. In connection with FINRA's investigation into the allegations put forth in the Form U5, Good was sent a request by FINRA to appear for on-the-record testimony. Through his counsel, Good indicated that he received FINRA's request and would not appear for testimony at any time. Due to his refusal, Good violated FINRA Rules 2010 and 8210.

Shawn Good Allegedly Misappropriated Funds From Morgan Stanley Smith Barney Client

Also, a client of Morgan Stanley Smith Barney contested Shawn Good’s sales practices by filing FINRA Arbitration #: 22-00783 on April 13, 2022. Supposedly, Good misappropriated funds. Allegedly, the outside investment transactions connected to this securities broker resulted in damages for the client. Therefore, the client seeks compensatory relief from Morgan Stanley Smith Barney or Good in this ongoing matter.

Wells Fargo Advisors Client Accuses Good Of Misrepresentation

Evidently, on September 11, 2011, a Wells Fargo Advisors client filed an investment-related complaint about Shawn Good. Specifically, the client alleged that Good made misrepresentations. For this reason, the client purportedly experienced damages relating to investments in variable annuities. Therefore, the client requested compensation from Wells Fargo Advisors or Good. Evidently, the securities broker-dealer denied this complaint.

Did Morgan Stanley Smith Barney Securities Broker Good Cause You To Experience Damages?

Did you sustain damages because of investing through securities broker Shawn Good? If the answer is yes, reach out to Soreide Law Group at (888) 760-6552 to talk with a securities attorney regarding a potential recovery of your investment damages. Notably, Soreide Law Group has successfully recovered money for investors throughout all 50 states. The firm represents clients through a contingency fee arrangement and advances all costs. Good and brokerage firms Good associated with deny all allegations against them.