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Broker Misconduct Investigation: Todd McBride (Morgan Stanley)

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Updated on: October 31, 2024

National investment loss lawyers KlaymanToskes is investigating broker Todd McBride of Morgan Stanley (CRD #5743641).

According to FINRA BrokerCheck, Todd McBride of Morgan Stanley was recently involved in a customer complaint that was settled for $158,500, based on allegations that his recommended covered call strategy was unsuitable for the customer.

Investors that suffered losses with broker Todd McBride are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investment Complaint Against Todd McBride

 A customer complaint was made against Todd McBride, alleging that the covered call strategy he recommended from 2019 to 2023 was not suitable for the client. The complaint was settled for $158,500 in favor of the customer, and was related to options and managed wrap accounts.

Investment Losses with Broker Todd McBride?

Investment Losses with Broker Todd McBride?

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Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Todd McBride. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Todd McBride, or have concerns regarding your investment portfolio at Morgan Stanley, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.