Broker Robert Mitchell (also known as Robert Lynn Mitchell) has reportedly been discharged by Morgan Stanley in February 2021 after being registered with the firm for 12 years. According to Mitchell’s FINRA Brokercheck page, he was discharged on allegations of engaging in an outside business.
Investor rights attorney Alan Rosca of the Rosca Scarlato LLC law firm is investigating conduct related to broker Robert Mitchell’s separation from Morgan Stanley. Investors who are concerned about their investments with Robert L. Mitchell may contact attorney Alan Rosca for a free case evaluation and discussion of potential options, or to provide any useful information toll free at 888-998-0530, via email at arosca@rscounsel.law, or by leaving a message through the contact form on this webpage.
Concerned about investments with
Broker Robert Lynn Mitchell Involved in A Recently Settled Customer Dispute
According to his Brokercheck, in January 2020 a customer filed a case in the Collin County District Court, naming both Mitchell and Morgan Stanley as defendants. The publicly available records indicate that in February 2020, the Court ordered arbitration and the case was filed with FINRA.
Reportedly, the customer alleged that while he was registered with Morgan Stanley, Mitchell solicited outside investment opportunities not authorized by the firm. The customer was seeking $180,000 for the alleged damages. In July 2020, without admitting or denying the allegations, Morgan Stanley settled to case for $78,000 as reported on Mitchell’s Brokercheck page.
Mitchell Has Been Registered with FINRA Since 1986
Mitchell is currently a registered broker and investment adviser with Stifel, Nicolaus & Company located in Frisco, Texas. He has been employed with the firm since February 2021 according to his Brokercheck page.
As stated previously, broker Robert Mitchell was employed with Morgan Stanley located in Plano, Texas for 12 years from June 2009 until February 2021. He was also employed with Citigroup Global Markets located in Plano, Texas from April 2009 until June 2009.
From July 2003 until April 2009, Mitchell was a registered broker and investment adviser with Wachovia Securities located in Plano, Texas.
Additionally, between November 1986 and July 2003, Mitchell worked for Prudential Securities and McDonald & Company.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.
Concerned about investments with
Potential Options for Mitchell Investors
The Rosca Scarlato LLC law firm often represents investors who lose money as a result of investment-related fraud or broker misconduct and is currently investigating conduct related to broker Robert Mitchell’s alleged outside business activities and separation from Merrill Lynch.
The firm takes most cases of this type on a contingency fee basis and advances the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.
Investors who are concerned about their investments with broker Robert Mitchell may contact attorney Alan Rosca for a free case evaluation and discussion of potential options, or to provide any useful information, by calling 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.
