BRUCE RANDOLPH SELIGMAN is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 6565 AMERICA'S PARKWAY NE, STE 400, ALBUQUERQUE, NM, 87110.
BRUCE RANDOLPH SELIGMAN has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
BRUCE RANDOLPH SELIGMAN has 5 Disclosure Event(s).
Date: January 17, 2013 Category: Civil
Date: November 12, 2012 Category: Customer Dispute Allegations: CLAIMANT ALLEGES, INTER ALIA, THAT DURING OCTOBER 2009 TO OCTOBER 2012 THE FA'S EQUITY INVESTMENTS IN THE CLIENT'S ACCOUNT WERE UNSUITABLE Damage Amount Requested: $25,000.00 Settlement Amount: $20,000.00 Broker Comment: MR. SELIGMAN STRONGLY DENIES ANY WRONGDOING. CLAIMANTS' ACCOUNT WAS PROFITABLE. THE ACTION WAS SETTLED TO AVOID THE TIME, EXPENSE AND UNCERTAINTIES OF LITIGATION.
Date: April 21, 2010 Category: Customer Dispute Allegations: CLAIMANT ALLEGES, INTER ALIA, THAT FROM 2007 THROUGH 2010 THE FINANCIAL ADVISOR MADE UNSUITABLE INVESTMENTS IN HIS ACCOUNTS. Damage Amount Requested: $138,000.00 Settlement Amount: $87,000.00 Broker Comment: DUE TO THE EXPENSE AND UNCERTAINTY ASSOCIATED WITH ARBITRATION, MORGAN STANLEY MADE A DECISION TO SETTLE THE CASE. MR. SELIGMAN STRENUOUSLY DENIES THE ALLEGATIONS MADE BY CLAIMANT AND MAINTAINS THAT CLAIMANT RECEIVED SUITABLE ADVICE AND INVESTMENT RECOMMENDATIONS THROUGHOUT THE TIME THAT THEY WORKED TOGETHER.
Date: March 09, 2009 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THAT THE FINANCIAL ADVISOR'S RECOMMENDATION OF MUNICIPAL AUCTION RATE SECURITIES WAS UNSUITABLE. Damage Amount Requested: $4,325,000.00 Settlement Amount: $4,325,000.00 Broker Comment: ISSUES RELATE TO AUCTION RATE REPURCHASE.
Date: October 11, 2002 Category: Customer Dispute Allegations: COMPLAINT ALLEGES RECOMMENDATION OF UNSUITABLE INVESTMENT STRATEGY DURING THE PERIOD MARCH 2000 - FEBRUARY 2002. Damage Amount Requested: $58,362.00
More Information
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