Stoltmann Law Offices Wants To Hear From Investors With Broker Michael Fitz-Gerald and Morgan Stanley

AdobeStock_90383187-1-300x194If you were an investor with Michael Fitz-Gerald and Morgan Stanley, you may be able to recover your investment losses by suing Morgan Stanley in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis, which means we only make money if you recover yours. We are Chicago-based securities attorneys who bring claims against firms like Morgan Stanley who fail to properly supervise their brokers. The call to us is free with no obligation at 312-332-4200. Please call today for a consultation with one of our attorneys. There is a statute of limitations on most cases.
Fitz-Gerald was accused of making investments in energy stocks since 2014 that were unsuitable and did not specify damages. Another claim alleged that he failed to diversify a portfolio. These are against securities laws. A broker must only recommend those investments that are suitable for the investor by taking into account his age, net worth, investment objectives and investment sophistication. If he does not, his firm may be liable for those losses. Energy stocks are not typically suitable for all investors, as they tend to be highly illiquid and risky.
According to his online FINRA BrokerCheck report, Fitz-Gerald was previously registered with Birr, Wilson & Co., BWS, Birr Wilson, Inc., UBS and Morgan Stanley & Co. Inc. in San Francisco, California from November 2008 until June 2009. He is currently registered with Morgan Stanley in San Francisco and has been since June 2009. He has five customer disputes against him, one of which is currently pending.

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