MICHAEL PATRICK MURPHY is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 555 MAIN STREET, SUITE 100, CHICO, CA, 95928.
MICHAEL PATRICK MURPHY has worked at MORGAN STANLEY since June 01, 2009
MICHAEL PATRICK MURPHY has 3 Disclosure Event(s).
Date: February 27, 2003 Category: Customer Dispute Allegations: CLAIMANT VIA A REQUEST FOR MEDIATION ALLEGES THAT FINANCIAL ADVISOR MICHAEL MURPHY PURCHASED SPECULATIVE STOCKS AND FAILED TO PROPERLY PROTECT THE DOWNSIDE RISK OF THIS INVESTMENTS. TIME PERIOD 2001-PRESENT. DAMAGES UNSPECIFIED.
Date: January 21, 2003 Category: Customer Dispute Allegations: CLAIMANT ALLEGES UNSUITABILITY, BREACH OF FIDUCIARY DUTY, FRAUD IN CONNECTION WITH HEDGE FUNDS PURCHASED IN HER UBS PW ACCOUNT. Damage Amount Requested: $450,000.00 Settlement Amount: $49,000.00 Broker Comment: MY FIRM ELECTED TO SETTLE THIS CASE IN ORDER TO AVOID THE COST AND RISK OF LITIGATION. I WAS NOT ASKED TO CONTRIBUTE TO THE SETTLEMENT. FURTHER, I DENY ANY WRONG DOING IN RESPECT TO THE HANDLING OF THE ACCOUNT
Date: June 13, 2002 Category: Customer Dispute Allegations: CLIENT ALLEGES, THROUGH COUNSEL, THAT FA ENGAGED IN UNAUTHORIZED AND UNSUITABLE TRADING IN THE ACCOUNT. TIME PERIOD: 10/97-10/01 Damage Amount Requested: $185,000.00 Broker Comment: I DENY THESE ALLEGATIONS IN ITS ENTIRETY. THEY ARE BASELESS & UNTRUE. UBS PAINEWEBBER DENIED THE ALLEGATIONS ON 7/15/02 BASED ON ITS FINDING THAT CLIENT AUTHORIZED ALL TRADES IN THE ACCOUNT. ADDITIONALLY, THE FIRM'S REVIEW REVEALED THAT CLIENT'S INVESTMENTS WERE CONSISTENT WITH HIS STATED OBJECTIVE AND RISK PROFILE, AND THAT THE MAJORITY OF THE TRADES IN THE ACCOUNT WERE UNSOLICITED".
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 MICHAEL PATRICK MURPHY, 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