WILLIAM C BROWN is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 1200 THIRD AVENUE, SUITE 100, HUNTINGTON, WV, 25701.
WILLIAM C BROWN has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
WILLIAM C BROWN has 2 Disclosure Event(s).
Date: March 19, 1992 Category: Customer Dispute Allegations: CLAIMANTS ALLEGED THAT RESPONDENTS HELDTHEMSELVES OUT AS EXPERTS ON GENERAL DEVELOPMENT CORP. ("GDV")BONDS, AND THAT THEIR INVESTMENT IN GDV BONDS DECLINED & CAUSEDA LOSS OF $25,258.27 PLUS INTEREST AND COSTS. Damage Amount Requested: $25,258.27 Damages Granted: $15,750.00 Broker Comment: THE ARBITRATOR AWARDED CLAIMANTS $15,750 UPONCONDITION THAT CLAIMANTS TENDER BACK THE GDV BONDS TO SBHU. CONTACT: LINDA ALPERT (212) 464-7599SMITH BARNEY AND CAM BROWN DENIED LIABILITY,BASED ON THE DISCLOSURES MADE TO CLAIMANTS. ALSO, GDV WASCONSIDERED A FINANCIALLY SOUND COMPANY NOT ONLY BY SMITHBARNEY'S RESEARCH ANALYST BUT BY THE INVESTMENT COMMUNITY,INCLUDING SEVERAL HIGHLY RESPECTED WALL STREET INVESTMENTFIRMS. IT WAS ONLY IN EARLY 1991 THAT INFORMATION ON GDV'SPROBLEMS WERE MADE PUBLIC BY GDV. BY THEN, THE BONDS HADDROPPED SHARPLY IN VALUE AND NEVER RECOVERED.
Date: September 07, 1990 Category: Customer Dispute Allegations: THAT BROWN RECOMMENDED UNSUITABLEINVESTMENTS, IN VIOLATION OF STATE LAW. ALLEGED DAMAGES WERE$14,277 PLUS DAMAGES Damage Amount Requested: $14,277.00 Settlement Amount: $20,000.00 Broker Comment: SETTLED. SMITH BARNEY PAID [CUSTOMER] $20,000. BROWNWAS DISMISSED FROM THE ACTION. CONTACT: [BROKER DEALER CONTACT PERSON] (212) 464-7599THE CASE WAS SETTLED TO AVOID THE TIME, EXPENSEAND RISK OF LITIGATION. SMITH BARNEY DID NOT FIND ANY EVIDENCEOF WRONGDOING BY THE BROKER AND THE BROKER DID NOT CONTRIBUTETO THE SETTLEMENT.
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