Michael Robertson Involved in an Investor Dispute

Michael Robertson (CRD #: 1634076), a broker registered wtih Morgan Stanley, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 4, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations

On September 13, 2024, an investor named Michael Robertson in an investor dispute. The investor alleged that they never agreed to invest in securities with long maturities. 

On October 15, 2019, an investor alleged that Michael Robertson misrepresented two annuities. The dispute was denied, but investors should know that they can recover losses following a denial. 

Unsuitable, Long-Term Investments

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Brokers must also consider the investment time horizon and the investor’s liquidity needs – illiquid, long-term investments often do not suit a client’s best interests. 

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

Background Information 

Michael Robertson 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 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination

He is a registered broker in 47 states, D.C., and Virgin Islands. He is a registered investment adviser in North Carolina and Texas. 

Michael Robertson has registered with the following firms: 

• Morgan Stanley (CRD #: 149777) 
• CitiGroup Global Markets (CRD #: 7059) 
• Lehman Brothers (CRD #: 7506) 
• J.C. Bradford & Co. (CRD #: 1287) 
• Carolina Securities Corporation (CRD #: 142) 
• Investech Capital Corporation (CRD #: 18456) 

Kurta Law Can Help 

If you worked with Michael Robertson and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com 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.