Last Updated: May 2026 — Austin, Texas
Here’s what you need to know about Samuel J. Duckett:
- CRD Number: 5820876
- Broker Name: Samuel Jonathan Duckett
- Current Employer: Morgan Stanley (since 2/2020)
- Other Business Affiliation: Beyondsoft Consulting, Inc. (Project Manager)
- Function: Stockbroker / Financial Advisor
- Passed Exams: Series 7TO, Series 66, and SIE
- Primary Location: Austin, Texas
- Can Samuel J. Duckett be sued in FINRA arbitration? Yes
- Pending Customer Dispute Involving Covered Call Option Strategy
Did You Lose Money With Samuel J. Duckett as Your Stockbroker?
Samuel J. Duckett is currently the subject of a pending customer dispute in which a customer of Morgan Stanley alleges that a covered call option strategy implemented in his account was misrepresented leading to the loss of some of his shares that were called. As a result he suffered damages by not participating in the appreciation of those shares. A specific damage amount is not yet specified.
Investors who experienced losses involving options trading strategies, covered call programs, unsuitable recommendations, or misrepresentation of investment risks may be eligible to pursue recovery through FINRA arbitration.
Allegations of Broker Misconduct Against Samuel J. Duckett
- Covered call option strategy was misrepresented
What Are Covered Call Investment Strategies?
Covered call strategies involve selling call options against stock positions already owned by an investor. While these strategies may generate income through option premiums, they can also limit upside potential if the stock price rises above the strike price and shares are called away.
Investors should fully understand:
- Risks of losing shares through assignment
- Potential limits on upside gains
- Tax implications
- Suitability of options strategies for their objectives and risk tolerance
When these risks are not adequately disclosed or explained, investors may have grounds to pursue claims through FINRA arbitration.
What is Option Trading? According to the U.S. Securities and Exchange Commission (SEC) “Options are contracts giving the purchaser the right to buy or sell a security, such as stocks, at a fixed price within a specific period of time.”
This right to purchase or right to sell at a set price for a set period of time allows investors to potentially profit not only from the rise in price, but also the decline. “Call” options grant the investor the right to buy a security at a set price for a set period of time. “Put” options give the investor the right to sell a security a set price for a set period of time.
Recover Your Investment Losses Now With Rex Securities Law
If you’ve sustained damages from Mr. Duckett, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Rex Securities Law represents investors in FINRA arbitration claims involving options trading losses, unsuitable investment recommendations, misrepresentation, breach of fiduciary duty, and other forms of broker misconduct.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.