ALAN MICHAEL HESS is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 2650 QUARRY LAKE DRIVE, SUITE 200, BALTIMORE, MD, 21209.
ALAN MICHAEL HESS has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
ALAN MICHAEL HESS has 3 Disclosure Event(s).
Date: December 22, 2017 Category: Customer Dispute Allegations: ATTORNEY REPRESENTING CO-TRUSTEES ALLEGES UNSUITABILITY WITH RESPECT TO INVESTMENT RECOMMENDATIONS AND THAT CERTAIN TRANSACTIONS WERE UNAUTHORIZED. 12/2014 - APRIL 2016. Damage Amount Requested: $420,000.00
Date: January 26, 2009 Category: Customer Dispute Allegations: CLIENT'S ATTORNEY ALLEGED THAT VARIOUS PURCHASES OF CLOSED END FUNDS IN JUNE 2008 WERE UNAUTHORIZED. DAMAGES UNSPECIFIED.
Date: November 29, 2005 Category: Customer Dispute Allegations: CLIENT ALLEGES UNAUTHORIZED TRADING OF INITIAL DEPOSIT. Damage Amount Requested: $14,302.72 Settlement Amount: $4,000.00 Broker Comment: CLIENT MADE MULTIPLE ALLEGATIONS WITH REGARDS TO THE HANDLING OF HIS ACCOUNT. IN AN ATTEMPT TO REACH AN AMICABLE RESOLUTION THE CLIENT WAS OFFERED, AND AGREED TO A SETTLEMENT BASED ON HIS INITIAL ALLEGATIONS. THE CLIENT LATER DECIDED HE DID NOT AGREE WITH THE AMOUNT OF THE SETTLEMENT AND REFUSED THE OFFER IN FAVOR OF ARBITRATION. AFTER LEGG MASON CLOSED THE COMPLAINT (AND U4), THE CLIENT CONTACTED LEGG MASON TO RENEW NEGOTIATIONS AND AN AGREEMENT WAS REACHED.
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