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Investor Names John Lentz in Dispute Involving Unsuitable Mutual Funds

John Lentz (CRD #: 306675), a broker registered with Morgan Stanley, is the subject of a pending dispute, according to his BrokerCheck record, accessed on August 6, 2022. Keep reading if you have questions about his conduct as a broker.

Investor Dispute

On May 25, 2022, an investor named John Lentz in a dispute involving the purchases of two unsuitable mutual funds in 2021. This dispute is pending.

This is the fifth investor dispute on his record. 

FINRA Rule 2111

FINRA Rule 2111 requires brokers to determine whether an investment fits their investor’s financial goals. Brokers must consider the information contained in an investor’s profile, including the following characteristics:

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

Investors who rely on their brokers for recommendations may be able to recover their losses through FINRA arbitration.

Background Information

John Lentz has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • PC – AMEX Put and Call Exam
  • Series 1 – Registered Representative Examination
  • Series 40 – Registered Principal Examination 

John Lentz is a registered broker in 10 states and a registered investment adviser in California.

He has also worked for the following firms:

  • Morgan Stanley & Company (CRD#:8209)
  • Morgan Stanley (CRD#:7556)
  • Morgan Stanley DW (CRD#:7556)
  • Shearson Lehman Hutton (CRD#:7506)
  • E. F. Hutton & Company (CRD#:235)

Kurta Law Can Help

If you worked with John Lentz 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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