National investment fraud lawyers KlaymanToskes is investigating Todd N Nuss (CRD# 5288692) of Morgan Stanley’s Beavercreek, OH branch following an investor complaint alleging the broker caused $10 million in damages to his customer.
According to FINRA Brokercheck, an investor filed a complaint against Todd Nuss on October 24th, 2022, alleging that the broker recommended their pension plan utilize an outside money manager who failed to implement a liability-driven investment strategy with short-term duration. The client alleges this strategy was unsuitable and occurred within the time period of 2021 to 2022. The complaint is currently pending.
If you have suffered investment losses with Todd Nuss and/or have information regarding the way your account was managed at Morgan Stanley’s Beavercreek, OH branch, you are encouraged to contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or lklayman@klaymantoskes.com to discuss recovery options.
FINRA (Financial Industry Regulatory Authority) is responsible for regulating every broker and brokerage firm engaging in business with the U.S. public. Under FINRA suitability requirements (FINRA Rule 2111), brokers and brokerage firms have a duty to recommend suitable financial products and trading strategies based on their client’s objectives and risk tolerance.
When investors experience losses at the advice of their financial advisor or firm, they can seek to recover their losses through FINRA arbitration. FINRA arbitration is a more cost-effective process for investors, often occurring with increased speed and efficiency over litigation. FINRA arbitration also allows investors to maintain greater flexibility over their case.
KlaymanToskes can help you determine if your investment loss is due to unsuitable investment advice. Depending on your circumstances, you may be entitled to recover losses through FINRA arbitration. Every case is taken on a contingency basis, meaning we do not collect a fee unless we are able to obtain a financial recovery for you. Contact attorney Lawrence L. Klayman today for a free consultation at (888) 997-9956 or lklayman@klaymantoskes.com.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com