JOHN OLIVER NORWOOD is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at ONE LEGACY CIRCLE, 7500 DALLAS PARKWAY, SUITE 500, PLANO, TX, 75024.
JOHN OLIVER NORWOOD has worked at MORGAN STANLEY since June 01, 2009
JOHN OLIVER NORWOOD has 3 Disclosure Event(s).
Date: July 09, 2009 Category: Customer Dispute Allegations: CLAIMANTS, RESIDENTS OF TEXAS, ALLEGE FRAUD, SUITABILITY, BREACH OF FIDUCIARY DUTY AND MISREPRESENTATION AGAINST FA FOR INVESTMENTS MADE IN THEIR ACCOUNTS FROM 2007-2008. CLAIMANTS SEEK DAMAGES OF $500,000 PLUS INTEREST, FEES, COSTS AND PUNITIVE RELIEF. Damage Amount Requested: $500,000.00 Settlement Amount: $40,000.00 Broker Comment: WITHOUT ADMITTING ANY LIABILITY, THE FIRM SETTLED THE MATTER FOR $40,000.00 TO AVOID THE EXPENSE AND UNCERTAINTY OF ARBITRATION.
Date: January 29, 1997 Category: Customer Dispute Allegations: CLIENTS PLACED A GTC ORDER TO SELL THEIR HCASTOCK. ON THE DAY THE STOCK WAS TO BE SOLD, CLIENTS ALLEGEDTHEY CALLED THE A.G. EDWARDS BRANCH OFFICE AND CANCELLED THEIRORDER. ON THE DAY OF THE ALLEGED CALL, MR. NORWOOD WAS OUT OFTOWN ATTENDING A BUSINESS MEETING. THE CLIENTS ALLEGED THEFAILURE TO CANCEL THEIR SELL ORDER RESULTED IN A MISSEDOPPORTUNITY FOR THEM TO GAIN $140,000 IN PROFITS. Damage Amount Requested: $140,000.00 Settlement Amount: $80,000.00 Broker Comment: TO AVOID FURTHER LITIGATION EXPENSES, A.G. EDWARDS SETTLED WITH [CUSTOMERS] FOR $80,000. MR. NORWOOD WAS NOT ASKED TO CONTRIBUTE.NOT PROVIDED
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for JOHN OLIVER NORWOOD, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More