RONALD JAY SCHWARTZ is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 227 WEST MONROE STREET, SUITE 3400, CHICAGO, IL, 60606.
RONALD JAY SCHWARTZ has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
RONALD JAY SCHWARTZ has 2 Disclosure Event(s).
Date: October 16, 2002 Category: Customer Dispute Allegations: ALLEGE BREACH OF FIDUCIARY DUTY AND UNSUITABLE INVESTMENTS DURING THE PERIOD 12/1999 THRU 8/2001. Damage Amount Requested: $600,000.00 Settlement Amount: $90,000.00
Date: May 20, 1991 Category: Customer Dispute Allegations: SHEARSON LEHMAN HUTTON CLIENTS ALLEGEDNEGLIGENCE, CHURNING, MISREPRESENTATION, UNSUITABILITY PRODUCTMUTUAL FUND ALLEGED DAMAGES $14,308 Damage Amount Requested: $14,308.00 Damages Granted: $2,000.00 Broker Comment: A MONETARY JUDGEMENT OF $3,000 WAS AWARDED TOTHE CLIENT.ACTUAL COMPENSATORY DAMAGES RELIEF HAS BEENAWARDED. AWARD AMOUNT $2,000 JOINTLY AND SEVERALLY. THEINVESTMENTS THAT SHE MADE WERE SUITABLE FOR HER NEEDS. SHEMADE SEVERAL PURCHASES ALL OF WHICH A PROSPECTUS WAS SENTBEFORE THE BUYS WERE MADE. THE TIME FRAMES OF HOW LONG THESEINVESTMENTS SHOULD BE HELD WERE MENTIONED AND DISCUSSED ASWELL. HAD SHE NOT SOLD THE INVESTMENTS SHE WOULD OF HAD A NICEPROFIT ALSO. THE RELATIONSHIP ENDED WHEN [CUSTOMER] USED FOULLANGUAGE TO ME.
More Information
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 RONALD JAY SCHWARTZ, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.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 Removal
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.