ROBERT A PRESSNER is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 100 NORTH TAMPA, SUITE 3000, TAMPA, FL, 33602-5198.
ROBERT A PRESSNER has worked at MORGAN STANLEY since October 10, 2014
Disclosure History
ROBERT A PRESSNER has 3 Disclosure Event(s).
Date: April 16, 2008 Category: Customer Dispute Allegations: FL RESIDENT SENT EMAIL STATING THAT HE THOUGHT ARPS WERE SAFE AND HE COULD GET HIS CASH WITHIN 7 DAYS. CLIENT OWNS $250,000 ARPS. NO CLAIM FOR COMPENSATION FROM WACHOVIA OR FA; RATHER, CLIENT NOTES THAT SEVERAL OF HIS HOLDINGS ARE HAVING PARTIAL REDEMPTIONS AND HE STATES THAT HE HOPES WACHOVIA WILL SEE THAT HE IS INCLUDED IN ANY PARTIAL REDEMPTIONS BY THESE ISSUERS. Settlement Amount: $100,000.00 Broker Comment: THIS MATTER INVOLVES THE SALE OF AUCTION RATE SECURITIES (ARS). THE TRANSACTION(S) AT ISSUE TOOK PLACE BEFORE MID-FEBRUARY 2008, WHEN THE ARS MARKET SUFFERED WIDESPREAD AUCTION FAILURES AND ILLIQUIDITY. THE FINANCIAL ADVISOR DID NOT CAUSE, CONTRIBUTE OR HAVE ANY CONTROL WHATSOEVER OVER THESE MARKET EVENTS. THE FIRM REACHED AGREEMENT WITH CERTAIN OF ITS REGULATORS, PURSUANT TO WHICH IT REPURCHASED ARS FOR THEIR FULL PAR VALUE FROM CERTAIN CLIENTS, INCLUDING THE INSTANT CLIENT, WHETHER THEY COMPLAINED OR NOT. THE FINANCIAL ADVISOR WAS NOT A PARTY TO THAT AGREEMENT, DID NOT MAKE ANY PAYMENTS TO THE CLIENT, AND WAS NOT ASKED TO AND DID NOT CONTRIBUTE TO THE REPURCHASE AMOUNT. THE SETTLEMENT AMOUNT IN ITEM 11 ABOVE REFLECTS THE PAR VALUE OF THE REPURCHASED ARS, AS REQUIRED BY FINRA REGULATORY NOTICE 09-12.
Date: March 20, 2008 Category: Customer Dispute Allegations: FL RESIDENT WRITES THAT HE THOUGHT HIS ARPS WERE SAFE AND LIQUID, BUT NOW IT SEEMS THEY ARE NOT. CLIENT OWNS $100,000 IN ARPS. Damage Amount Requested: $100,000.00 Settlement Amount: $50,000.00 Broker Comment: THIS MATTER INVOLVES THE SALE OF AUCTION RATE SECURITIES (ARS). THE TRANSACTION(S) AT ISSUE TOOK PLACE BEFORE MID-FEBRUARY 2008, WHEN THE ARS MARKET SUFFERED WIDESPREAD AUCTION FAILURES AND ILLIQUIDITY. THE FINANCIAL ADVISOR DID NOT CAUSE, CONTRIBUTE OR HAVE ANY CONTROL WHATSOEVER OVER THESE MARKET EVENTS. THE FIRM REACHED AGREEMENT WITH CERTAIN OF ITS REGULATORS, PURSUANT TO WHICH IT REPURCHASED ARS FOR THEIR FULL PAR VALUE FROM CERTAIN CLIENTS, INCLUDING THE INSTANT CLIENT, WHETHER THEY COMPLAINED OR NOT. THE FINANCIAL ADVISOR WAS NOT A PARTY TO THAT AGREEMENT, DID NOT MAKE ANY PAYMENTS TO THE CLIENT, AND WAS NOT ASKED TO AND DID NOT CONTRIBUTE TO THE REPURCHASE AMOUNT. THE SETTLEMENT AMOUNT IN ITEM 11 ABOVE REFLECTS THE PAR VALUE OF THE REPURCHASED ARS, AS REQUIRED BY FINRA REGULATORY NOTICE 09-12
Date: March 08, 1999 Category: Customer Dispute Allegations: PSI RECEIVED A STATEMENT OF CLAIM ALLEGINGTHAT MR PRESSNER ENTERED A SELL ORDER FOR ONE STOCK AS A LIMIT ORDER INSTEAD OF A MARKET ORDER, AND ADDITIONALLY FAILED TO ENTER A PURCHASE ORDER FOR ANOTHER STOCK, AS INSTRUCTED. Damage Amount Requested: $17,021.00 Settlement Amount: $9,950.00
More Information
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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.
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