Investor Seeks Over $2 Million in Dispute with John Peirano

John Peirano (CRD #: 2900045), a broker registered with Morgan Stanley, allegedly gave an unsuitable recommendation, according to his BrokerCheck record, accessed on June 14, 2025. If you want to know more about his alleged conduct as a broker, read on.

Investor Dispute

In a dispute filed on May 15, 2025, an investor alleged that John Peirano made an unsuitable recommendation to open Liquidity Asset Lines. The client seeks $2,023,505.16 in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. These profiles describe an investor’s tax status, risk tolerance, investing experience, and investment goals.

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

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

John Peirano has passed the following exams:

• General Securities Sales Supervisor – General Module Examination – Series 10
• General Securities Sales Supervisor – Options Module Examination – Series 9
• Securities Industry Essentials Examination – SIE
• National Commodity Futures Examination – Series 3
• General Securities Representative Examination – Series 7
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

John Peirano is a registered broker in 41 states as well as the District of Columbia and Puerto Rico. He is also a registered investment adviser in New York and Texas.

He has also worked for Citigroup Global Markets (CRD#:7059).

Kurta Law Can Help

If you worked with John Peirano 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 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.