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Investor Names Patricia McGinley in Dispute Alleging Misrepresentation

Patricia McGinley (CRD #: 1104676), a broker registered with Morgan Stanley, allegedly made misrepresentations, according to her BrokerCheck record, accessed on August 7, 2022. Read on if you have questions about her conduct as a broker.

Investor Dispute

On May 20, 2022, an investor alleged, among other things, that Patricia McGinley made misrepresentations concerning closed-end funds purchased by the client in 2021. The client seeks $94,978 in this pending dispute.

FINRA Rule 2020

FINRA Rule 2020 bans the use of manipulative, deceptive, and otherwise unethical means of influencing the purchase or sale of securities. The misrepresentation of material facts, such as an investment’s potential returns, risks, or requirements, violates this rule.

Background Information

Patricia McGinley has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Patricia McGinley is a registered broker in 41 states, Puerto Rico, and the District of Columbia. She is also a registered investment adviser in Connecticut and Texas.

She has also worked for the following firms:

  • Citigroup Global Markets (CRD#:7059)
  • Kidder, Peabody & Company (CRD#:7613)
  • Dean Witter Reynolds (CRD#:7556)

Kurta Law Can Help

If you worked with Patricia McGinley and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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