ROBERT JAMES MASTROSIMONE is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 898 VETERANS MEMORIAL HWY, HAUPPAUGE OFFICE PARK, HAUPPAUGE, NY, 11787.
ROBERT JAMES MASTROSIMONE has worked at MORGAN STANLEY since June 01, 2009
ROBERT JAMES MASTROSIMONE has 5 Disclosure Event(s).
Date: November 12, 2013 Category: Customer Dispute Allegations: THE CUSTOMERS ALLEGE UNSUITABLE INVESTMENT RECOMMENDATIONS AND MISREPRESENTATION AND OMISSION OF MATERIAL FACTS FROM NOVEMBER 2007 TO FEBRUARY 2008 Damage Amount Requested: $533,324.00 Settlement Amount: $125,000.00
Date: August 06, 2001 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THAT FINANCIAL ADVISOR MADE AN EXCESSIVE AMOUNT OF TRADES IN CUSTOMER'S ACCOUNT TO MAKE A SUBSTANTIAL AMOUNT OF COMMISSIONS FOR FINANCIAL ADVISOR AND MERRILL LYNCH. Damage Amount Requested: $75,000.00 Broker Comment: THE CLIENT'S ALLEGATIONS WERE FOUND TO BE WITHOUT MERIT AND THE COMPLAINT WAS CLOSED. THE CLIENT WAS FULLY AWARE OF THE ACTIVITY IN THE ACCOUNT AND DIRECTED IT. THE CLIENT EVEN SIGNED AN ACITIVITY LETTER ACKNOWLEDGING THE HIGH VOLUME OF TRADING INITIATED BY THE CLIENT.
Date: December 29, 2000 Category: Customer Dispute Allegations: CUSTOMER ALLEGS UNSUITABLE INVESTMENTS. Damage Amount Requested: $100,000.00 Settlement Amount: $30,000.00 Broker Comment: THIS MATTER WAS SETTLED TO AVOID THE TIME, EXPENSE AND UNCERTAINTY INHERENT IN LITIGATION.
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