Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 11, 2017 indicate that California-based Morgan Stanley broker/adviser Thomas Landy has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Landy (CRD# 301644).
Thomas Landy has spent 44 years in the securities industry and has been registered with Morgan Stanley in San Francisco, California since 2009. Previous registrations include Morgan Stanley & Company in San Francisco, California (2007-2009); Morgan Stanley DW in San Francisco, California (1995-2007); Prudential Securities in New York, New York (1989-1995); Drexel Burnham Lambert Incorporated (1988-1989); LF Rothschild & Company (1982-1988); and Birr Wilson & Company (1973-1982). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on March 17, 1993; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 16, 1983; PC (AMEX Put and Call Exam), which he obtained on June 21, 1989; Series 000 (General Securities Principal Examination), which he obtained on March 15, 1973; Series 1 (Registered Representative Examination), which he obtained on March 8, 1973; and Series 40 (Registered Principal Examination), which he obtained on May 4, 1978. He is registered with four self-regulatory organizations (FINRA, NYSE American LLC, the Nasdaq Stock Market, and the New York Stock Exchange) and with 27 US states and territories.
According to his BrokerCheck report, he has received two customer complaints and one pending customer complaint.
In September 2017 a customer alleged Thomas Landy, while employed at Morgan Stanley Smith Barney, gave unsuitable advice in the interest of maximizing commissions. The customer is seeking $22,063 in damages in the pending complaint.
In 1987 a customer alleged Thomas Landy, while employed at LF Rothschild Unterber & Towbin, breached his fiduciary duty, acted negligently, and committed fraud. The complaint settled in 1989 for $10,000.
In 1988 a customer alleged Thomas Landy, while employed at LF Rothschild, recommended transactions that resulted in losses. The complaint settled for $75,000.
If you have lost money investing with Thomas Landy, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.