Stoltmann Law Offices is interested in speaking to investors who may have lost money with Jeffrey E. Rodgers, a former broker with Morgan Stanley. Rodgers recently accepted an Offer of Settlement with the Financial Industry Regulatory Authority (FINRA) after an investigation into him taking “unapproved personal loans from a client in 2012.” He allegedly took $33,800 from a firm customer and entered into unapproved outside business activities while registered with Morgan Stanley. Rodgers worked as a Senior Business Developer/software salesman/consultant for an information technology and business consultancy company. He received compensation in connection with these activities. He then inaccurately represented to Morgan Stanley that he had not borrowed money from a firm customer and that he had not engaged in outside business activities. For this, he was suspended from the industry for two years.
Rodgers was registered with Merrill Lynch in Bend, Oregon from August 2005 until September 2010 and Morgan Stanley in Bend from September 2010 until May 2013. He has one customer dispute against him. He is not licensed within the industry. Please call our Chicago-based securities law firm today if you would like to speak to an attorney about your options of suing Morgan Stanley for not properly supervising Rodgers while he was associated with the firm. They can be held liable for investment losses.