Last Updated: April 2025 (Naples, FL)
Lawrence Catena Investigation Summary
Here’s what you need to know about Naples, FL stockbroker Lawrence Catena:
- Name: Mr. Lawrence William Catena
- Current Employer: Morgan Stanley
- Previous Firms: Merrill Lynch Pierce Fenner & Smith, McLaughlin Piven Vogel Securities
- Function: Stock Broker/ Financial Advisor
- Aliases: Lawrence Catena
- Primary Location: Naples, FL
- CRD 2037155
- Can Lawrence Catena be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $450,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Lawrence Catena As Your Stockbroker?
In 5/2022 a customer of Morgan Stanley filed a FINRA arbitration alleging that Lawrence Catena made unsuitable recommendations to invest in structured products and mutual funds. That case was settled for $450,000 in 9/2024
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
Allegations of Broker Misconduct Against Lawrence Catena
Customers of Lawrence Catena have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations to invest in mutual funds and structured products
Structured Products: Sometimes referred to as market-linked investments, Structured Products are pre-packaged investments whose performance is linked to an underlying asset, product or index. ( a single security, basket of securities, options, indicies, commodities, debt issuance, foreign currencies or derivatives). See this for FINRA’s Investor Insights “Understanding Structured Notes with Principal Protection”
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.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Other Morgan Stanley Brokers
If you have suffered investment losses in an account handled by Lawrence Catena, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
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.