Investor Seeks $1.3 Million in Damages in Dispute with Sean Righter

Sean Righter (CRD #: 5419832), a broker formerly registered with Morgan Stanley, allegedly made unsuitable recommendations, according to his BrokerCheck record, accessed on May 16, 2025. If you have questions about his alleged conduct as a broker, keep reading.

Investor Disputes

On March 12, 2025, an investor alleged that Sean Righter executed an unsuitable investment strategy in their account from January 2021 to January 2025. They seek $1.3 million in this pending dispute.

In another pending dispute, filed on February 25, 2025, multiple investors alleged that Sean Righter violated the suitability rule with regard to investments in their managed accounts from November 2020 to January 2025.

On August 29, 2023, an investor alleged that Sean Righter executed an unsuitable investment strategy from 2020-2023. This dispute was settled for $315,000.

On March 17, 2023, several investors alleged that Sean Righter violated the suitability rule from 2020-2023. They received a settlement of $1.2 million.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as those that adequately fit an investor’s profile, which contains information about their age, tax status, and financial goals.

Suitability also applies to investment strategies. For example, overconcentration comes with a level of risk beyond what is appropriate for many investors’ financial goals, and excessive trading can severely reduce investors’ returns by generating high fees and commissions.

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

Background Information

Sean Righter 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 previously worked for Morgan Stanley (CRD#:149777) and Citigroup Global Markets (CRD#:7059).

Kurta Law Can Help

If you worked with Sean Righter 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.