PHILIP FRANCIS DECARLO is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 150 JFK PARKWAY, SHORT HILLS, NJ, 07078.
PHILIP FRANCIS DECARLO has worked at MORGAN STANLEY since December 13, 2010
PHILIP FRANCIS DECARLO has 3 Disclosure Event(s).
Date: March 01, 1995 Category: Regulatory Initiated By: AL Allegations: CEASE AND DESIST ORDER #CD-95-0012, ISSUED03/01/95 TO GIBRALTAR SECURITIES CO., CARMEN DAVID CAPPADONA,PHILIP FRANCIS DECARLO, EDWARD FRANCIS GINTY, ROBERT MICHAELKAUFMAN FOR SALES TO ALABAMA RESIDENTS PRIOR TO APPLICATION FORREGISTRATION, WAS RESOLVED BY THIS CONSENT ORDER. GIBRALTARSECURITIES CO. WAS LEVIED AN ADMINISTRATIVE ASSESSMENT OF$1,000 AND INVESTIGATIVE COSTS OF $500. THE APPLICATION FORGIBRALTAR SECURITIES CO. WAS PROCESSED. Resolution: Consent SanctionDetails: Sanctions: Cease and Desist/Injunction Sanction Details: CONSENT ORDER WAS ISSUED ON 09/12/95 BY ALABAMASECURITIES COMMISSION. Broker Comment: Not Provided
Date: June 08, 1988 Category: Customer Dispute Allegations: THE COMPLAINT WAS INIATED BY [EXECUTRIX],THE EXECUTRIX OF THE ESTATE OF [CUSTOMER], WHO WAS A CLIENTOF MR. DECARLO'S THE COMPLAINT ALLEGED NEGLIGENCE REGARDING THESETTLEMENT OF [CUSTOMER'S] ESTATE AND REQUESTED DAMAGES Damage Amount Requested: $250,000.00 Settlement Amount: $10,000.00 Broker Comment: THE CASE WAS SETTLED OUT OF COURT BY SHEARSONLEHMAN FOR $10,000.00 MR. DECARLO DID NOT PARTICIPATE IN THESETTLEMENT.NOT PROVIDED
Date: November 20, 1984 Category: Customer Dispute Allegations: CUSTOMER SUED WASHINGTON PUBLIC PWR AUTH.BROKERAGE FIRM, AND BROKER. HE STATES I TOLD HIM BONDS WEREGUARANTEED BY THE UNITED STATES GOVERNMENT. Broker Comment: THE CLIENT WAS TRYING TO GET HIS MONEY BACK FROMANYONE HE COULD. I GAVE COMPLETE INFORMATION, BOTH VERBALLY ANDWRITTEN RIGHT ON HIS CONFIRMATIONS. THE CLIENTS LAWYER SENT OUT500 LETTERS TO MY CLIENTS (THE BONDS INVOLVED WERE ONLY SOLD TO50 OF MY CLIENTS). TRYING TO GET MY CLIENTS AS WITNESSES FORTHE PLAINTIFF. THE CLIENTS LAWYERS DID NOT FIND ANY WITNESSES.PLAINTIFFS HAVE TRIED TO SETTLE, MY ATTORNEY REFUSES.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 PHILIP FRANCIS DECARLO, 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