According to FINRA records, Ari M. Baum , a stockbroker who currently works for Prospera Financial Services , discloses a termination from employment and a currently pending customer dispute
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Baum discloses that in 9/2014 he was discharged from Morgan Stanley Wealth Management. The company made the following allegation on Baum’s FINRA record: “Financial advisor altered the contents of an email sent internally related to a delayed banking transaction”.
In currently pending FINRA Case #16-0938, a customer of Morgan Stanley Smith Barney alleges damages of $1,285,000 for unsuitable transactions made in the account from 2013-2014.
Baum has been employed by Prospera Financial Services since 10/2014. He was employed by Morgan Stanley from 11/2009-10/2014.
If you have questions about an account handled by Ari M. Baum, call for a no charge consultation.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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