Friday, January 20, 2017

Broker Investigation: Barry Connell and Jeffrey Crystal of Morgan Stanley

The investment loss recovery attorney, Peter M. Spett, Esq., is investigating financial fraud charges against Barry Connell, a broker formerly employed by Morgan Stanley out of its Ridgewood, NJ branch office.  In November 2016, Mr. Connell was discharged after Morgan Stanley began probing charges that he had stolen money from an elderly client's household accounts.  Other customers have accused Barry Connell caused significant financial losses by making unsuitable investment recommendations and mishandling their accounts.  Jeffrey Crystal, who was Barry Connell's branch manager and supervisor, has been suspended and placed on leave by Morgan Stanley.  Jeffrey Crystal was responsible for supervising over forty brokers in each of Morgan Stanley's Ridgewood and Paramus, NJ offices.

Investors who have suffered losses may be able to recover their losses through securities arbitration. The Law Office of Peter M. Spett is experienced in representing investors in cases of financial fraud and negligence, unsuitable investment recommendations, and the failure of brokerage firms to supervise their registered financial advisors.  All consultations are free of charge.  Often, cases are handled on a contingency fee basis, which means that no attorney fees are charged unless and until there is a recovery of investment losses.

Peter M. Spett represents clients across the United States and may be contacted by calling (888) 217-4919.

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