MICHAEL RUDOLPH GLOVAS is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 101 LARRY HOLMES DRIVE, SUITE 301, EASTON, PA, 18042.
MICHAEL RUDOLPH GLOVAS has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
MICHAEL RUDOLPH GLOVAS has 4 Disclosure Event(s).
Date: November 17, 2009 Category: Customer Dispute Allegations: THE CLIENT ALLEGED, INTER ALIA, THAT THE FA TOLD HIM HIS PORTFOLIO WOULD NEVER GO BELOW HIS INITIAL INVESTMENT 06/1998-12/31/2008. DAMAGES UNSPECIFIED. Broker Comment: CLAIM DENIED.
Date: September 18, 1997 Category: Customer Dispute Allegations: CLIENTS "ASSUME" IE MADE AN UNAUTHORIZED SALEOF CMO BEAUSE STATEMENT READS "SOLD" & NOT " CALLED". CLIENTFURTHER CLAIMS IE DID NOT EXPLAIN THAT CMO PRNICIPAL COULD BEDECLINE. DMGS: OVER $3,800.00 FROM 1992 TO PRESENT. Settlement Amount: $3,600.00 Broker Comment: PENDING.I HAVE HAD CONTACT WITH CLIENT SINCE THE PURCHASEOF CMO. CLIENT NEVER EXPRESSED ANY CONCERNS. I WAS NEVERNOTIFIED BY PAINEWEBBER OF THIS CUSTOMER COMPLAINT. WECONTACTED WARRENET SUTNICK WHO SAID THE CASE WAS HANDLED BYJENNIFER REISER AND SETTLED AS A "NUISANCE CLAIM" FOR$2,000.00. I HAVE REQUESTED A COPY OF THE FILE.
Date: April 28, 1994 Category: Employment Separation After Allegations Firm Name: PAINE WEBBER, INC. Termination Type: Discharged Allegations: NAINVESTMENT EXECUTIVE ASKED HIS SALESASSISTANT TO SIGN A CLIENT'S NAME TO AN ANNUITY CONTRACT AFTERBEING REPEATEDLY WARNED NOT TO DO SO. Broker Comment: Not ProvidedI DO NOT AGREE WITH THE ALLEGATIONS MADE BY PAINEWEBBER. I INSTRUCTED MY SALES ASSISTANT TO PROCESS THEPAPERWORK ONLY. I NEVER ASKED OR STATED THAT SHE SIGN THECLIENT'S NAME.
Date: February 01, 1991 Category: Customer Dispute Allegations: MISREPRESENTATION - CUSTOMER PURCHASED HIGHINCOME ADVANTAGE TRUST III AND ALLEGED THAT I TOLD HIM THAT THEPRINCIPAL WAS GUARANTEED. DAMAGES $27,000.00 Damage Amount Requested: $27,000.00 Settlement Amount: $14,000.00 Broker Comment: THE MATTER WAS SETTLED FOR $14,000.00 IN ORDERTO AVOID THE COST OF LITIGATION ON APPEAL. THE SETTLEMENT WASPAID IN JAN. 94. I WAS NOT ASKED TO CONTRIBUTE TO SETTLEMENT.Not Provided
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