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Jeremy O’Brien Subject of a Preferred Stock Dispute

Jeremy O’Brien (CRD #: 2354870), a broker registered with Morgan Stanley, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 16, 2024. Keep reading if you have questions regarding these allegations. 

Investor Allegations 

On March 28, 2024, an investor alleged that a purchase of 4,000 shares of Republic National Bank Series L preferred stock was contrary to his investment needs. The investor is seeking $100,000. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status
  • Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Jeremy O’Brien 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 

He is a registered broker in 20 states and is a registered investment adviser in New York and Texas. 

During his 30 years of experience, Jeremy O’Brien has registered with three firms: Morgan Stanley (CRD #: 149777), CitiGroup Markets (CRD #: 7059), and UBS Financial Services (CRD #: 8174). 

Kurta Law Can Help 

If you have worked with Jeremy O’Brien and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.