RICHARD ANTHONY DOWNER is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 444 SOUTH FLOWER STREET, LOS ANGELES, CA, 90071.
RICHARD ANTHONY DOWNER has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
RICHARD ANTHONY DOWNER has 2 Disclosure Event(s).
Date: April 24, 2013 Category: Customer Dispute Allegations: CLAIMANT ALLEGES, INTER ALIA, THAT FROM 2010 TO 2012 THE FA MISREPRESENTED ON THE WITHDRAWALS OF NATIONWIDE ANNUITY. Damage Amount Requested: $129,265.00 Settlement Amount: $38,000.00 Broker Comment: MSSB SETTLED THIS MATTER TO AVOID THE COSTS AND UNCERTAINTY OF LITIGATION. MR. DOWNER WAS NOT ASKED TO CONTRIBUTE TO THIS SETTLEMENT AND STRONGLY DENIES THE CLAIM.
Date: October 16, 2008 Category: Customer Dispute Allegations: CLIENT ALLEGES FINANCIAL ADVISOR MISINFORMED HER AND FAILED TO DISCLOSE INFORMATION ON AN INVESTMENT IN PIMCO ON 9/23/08. Damage Amount Requested: $65,000.00 Settlement Amount: $30,000.00 Broker Comment: MATTER SETTLED SOLELY TO AVOID TIME AND EXPENSE OF ARBITRATION. FA WAS NOT ASKED, AND DID NOT CONTRIBUTE TO SETTLEMENT.
More Information
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