Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 20, 2019 indicate that California-based Morgan Stanley broker/adviser Barry Speyer has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Speyer (CRD# 432002).
Barry Speyer has spent 48 years in the securities industry and has been registered with Morgan Stanley in Beverly Hills, California since 2009. Previous registrations include Morgan Stanley & Company in Beverly Hills, California (2007-2009); Morgan Stanley DW in Beverly Hills, California (1978-2007); Dean Witter & Company (1971-1978); and Bell Securities Corporation (1970-1971). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 29, 1982; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; PC (AMEX Put and Call Exam), which he obtained on February 6, 1979; and Series 1 (Registered Representative Examination), which he obtained on April 27, 1970. He is a registered broker and investment adviser with 34 US states and territories.
According to his BrokerCheck report, he has received four customer complaints and one pending customer complaint.
In January 2019 a customer alleged Barry Speyer, while employed at Morgan Stanley Smith Barney, recommended unsuitable stock and options investments. The customer is seeking unspecified damages in the pending complaint.
In 2013 a customer alleged he, while employed at Morgan Stanley Smith Barney, failed to follow instructions with respect to the sale of investments in stock and mutual fund products. The customer sought unspecified damages in the complaint, which was denied.
In 2009 a customer alleged Barry Speyer, while employed at Morgan Stanley & Company, recommended an unsuitable investment in auction rate securities. The complaint settled with the firm’s repurchase of the securities at par value, for $250,000.
In 2003 a customer alleged Barry Speyer, while employed at Morgan Stanley DW, breached his fiduciary duty and committed fraud. The complaint resulted in an award to the customer of $18,030.
In 1991 a customer alleged he, while employed at Dean Witter Reynolds, engaged in unsuitable option trading. The complaint resulted in an award to the customer of more than $125,000.
In 1989 a customer alleged he, while employed at Dean Witter Reynolds, executed unsuitable trades, including trades on margin. The complaint settled for $95,000.
If you or someone you know has complaints regarding Barry Speyer, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.