Morgan Stanley Smith Barney, LLC

Discharged

Concerns about the representative's lack of complete disclosure regarding outside business activities that were not investment-related and did not involve clients.

Client alleged, inter alia, unsuitability with respect to investments - June 2018 to April 2019.

$343,605.00

$115,933.00

CLIENT ALLEGED THAT HER INSTRUCTIONS TO LIQUDIATE HER ACCOUNTS WERE NOT FOLLOWED. DAMAGE UNSPECIFIED. JUNE 2016

$6,840.23

TIME FRAME: APRIL 17, 2009 TO JULY 27, 2009 THE CLIENT'S ATTORNEY ALLEGES THAT THE INVESTMENT THAT THE FINANCIAL ADVISOR PLACED HIS CLIENT IN WAS NOT SUITABLE AS IT WAS A RISKY INVESTMENT. THE CLIENT'S ATTORNEY FURTHER ALLEGES THAT THE FINANCIAL ADVISOR FAILED TO DISCLOSE ALL OF THE INFORMATION RELATIVE TO THIS INVESTMENT. THE ALLEGED DAMAGES ARE IN EXCESS OF $5,000.00.

$5,000.00

CLIENT VOLUNTARILY FAILED TO MAKE CAPITAL CALLS ON FUND AND WHEN FUND DEFAULTED (AFTER SEVERAL MONTHS IN ARREARS) WANTED TO RECOUP HIS INVESTMENT. CLIENT WAS FULLY AWARE AND WAS NOTIFIED FUND WOULD DEFAULT HIS INITIAL INVESTMENTS SHOULD HE FAIL TO MAKE CAPITAL CALLS. HE FAILED TO MAKE CAPITAL CALLS AFTER MANY COMMUNICATIONS FROM BROKER AND UBS AS TO URGENCY OF MAKING CAPITAL CALLS AND CONSEQUENCES OF FAILING TO DO SO.