WILLIAM CHAPMAN FRENCH is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 595 SOUTH FEDERAL HIGHWAY, BOCA RATON, FL, 33432.
WILLIAM CHAPMAN FRENCH has worked at MORGAN STANLEY since June 01, 2009
WILLIAM CHAPMAN FRENCH has 2 Disclosure Event(s).
Date: April 22, 2008 Category: Customer Dispute Allegations: CLIENT, THROUGH HIS ATTORNEY, ALLEGED SMITH BARNEY FAILED IN ITS DUTIES TO THE [CUSTOMER] FAMILY BY NOT TAKING APPROPRIATE & ADEQUATE STEPS TO ADVISE AND ENCOURAGE [CUSTOMER] TO REDUCE THE OVERCONCENTRATION OF QMED STOCK IN THE FAMILY ACCOUNTS. SMITH BARNEY DID NOT PROPERLY SERVE THE [CUSTOMER] FAMILY BY POINTING OUT THE RISKS OF THIS CONCENTRATED PORTFOLIO. Damage Amount Requested: $5,000,000.00 Settlement Amount: $200,000.00 Broker Comment: CITIGROUP SETTLED FOR $.04 ON THE DOLLAR TO AVOID THE PROTRACTED COSTS OF DEFENSE IN THIS MULTIMILLION DOLLAR CLAIM. REGISTERED REPRESENTATIVE WAS NOT ASKED TO PARTICIPATE IN THE SETTLEMENT.
Date: March 23, 1992 Category: Customer Dispute Allegations: THE PLAINTIFF ALLEGED UNSUITABILITY ANDMISREPRESENTATION REGARDING THE PURCHASE OF 10 LIMITEDPARTNERSHIPS. ALLEGED DAMAGES: UNSPECIFIED Settlement Amount: $65,000.00 Broker Comment: SMITH BARNEY AGREED TO PAY THE PLAINTIFF $65,00. CONTACT: [BROKER DEALER CONTACT PERSON] (212) 464-7293[CUSTOMER] IS AN ASTUTE, SUCCESSFUL BUSINESSMAN.[CUSTOMER'S] COMPLAINTS ABOUT HIS LIMITED PARTNERSHIPINVESTMENTS WERE UNFOUNDED. [CUSTOMER] COMPLETELY UNDERSTOODTHE NATURE OF A LP INVESTMENT, INCLUDING THE RISKS ASSOCIATEDWITH SUCH AN INVESTMENT. [CUSTOMER] ALSO INVESTED IN LPS ATOTHER FIRMS. THIS CASE WAS SETTLED SOLELY TO AVOID FURTHERCOSTS AND THE RISKS ASSOCIATED WITH LITIGATION.
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 WILLIAM CHAPMAN FRENCH, click here.
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.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.
How to choose a broker or investment adviser. Learn More