RICHARD LAURENCE SCHNEIDER is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 55 EAST 52ND STREET, 28TH FLOOR, NEW YORK, NY, 10055.
RICHARD LAURENCE SCHNEIDER has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
RICHARD LAURENCE SCHNEIDER has 2 Disclosure Event(s).
Date: May 21, 2001 Category: Customer Dispute Allegations: CLAIMANT ALLEGES THAT SHE GAVE FA DISCRETION OVER HER ACCOUNT AND THAT HE ENGAGED IN UNSUITABLE AND EXCESSIVE TRADING IN HER ACCOUNT. TIME PERIOD UNSPECIFIED. Damage Amount Requested: $150,000.00 Settlement Amount: $75,000.00 Broker Comment: THE CLAIMANT'S ALLEGATIONS ARE WITHOUT MERIT. ALL TRANSACTIONS WERE REVIEWED AND RATIFIED WITH [CUSTOMER]. SHE EXPRESSED COMPLETE SATISFACTION WITH THE WAY HER ACCOUNT WAS HANDLED DURING REGULAR MONTHLY ACCOUNT AND TRANSACTION REVIEWS. [CUSTOMER] WAS, AT ALL TIMES, AWARE OF THE RISKS OF UTILIZING LEVERAGE AND WAS A WILLING PARTICIPANT IN THE USE OF LEVERAGE WHILE HER INVESTMENTS APPRECIATED IN VALUE.
Date: February 01, 1992 Category: Customer Dispute Allegations: CHURNING AND UNSUITABLE INVESTMENTS - ACTUALDAMAGES: $35,000 - CLAIMED DAMAGES: $94,000.+ Damage Amount Requested: $35,000.00 Settlement Amount: $24,000.00 Broker Comment: PAINEWEBBER TO PAY [CUSTOMER] $24,000SEE ANSWER TO NO. 7 ABOVE
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