Arthur Breitman Allegedly Failed to Report any Outside Business Activities while Working at Morgan Stanley When He Was Producing & Pitching Tezos
Arthur Breitman allegedly failed to report any outside business activities and investor rights law-yer Alan Rosca is launching an investigation into the case.
Attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm in the Philadelphia area, is investigating activity related to Arthur Breitman’s alleged outside business activities. Investors who believe they may have lost money in activity related to Arthur Breitman’s alleged outside business activities are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Arthur Robert Meunier a/k/a Arthur Robert Breitman a/k/a Arthur Robert Meunier-Brietmann, a French citizen registered with FINRA, allegedly made false statements about his side venture while working at Morgan Stanley in 2014 and 2015, FINRA notes.
Breitman allegedly made false statements on two Morgan Stanley compliance questionnaires that he had purportedly disclosed all outside business activities to Morgan, FINRA notes.
Arthur Breitman, Tezos Cryptocurrency Project Co-founder, Reportedly Sanctioned by FINRA
Arthur Breitman has been suspended from associating with with broker-dealers for two years, as part of a settlement to resolve allegations that he produced false false statements regarding his side venture Texas while working at Morgan Stanley, according to FINRA report under review by attorney Alan Rosca.
Tezos reportedly raised $232 million in July through an ICO or initial coin offering, an online fundraiser where new virtual currencies are issued to buyers, and has gained much notoriety but has since been embroiled in controversy and has yet to issue any tokens to its contributors, according to a Reuters report.
A copy of a Tezos Business Plan from early 2015 listed Arthur Breitman as chief executive and made projections that if the company survived 15 years, it would be worth between $2 billion and $20 billion, Reuters states. In its findings FINRA reportedly cited the Business Plan and alleged that Breitman broke a FINRA rule that such communications may not make any exaggerated or unwarranted claims, opinions or forecasts, Reuters states.
Securities Lawyer Investigating
The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Arthur Breitman’s alleged outside business activities. The firm takes most cases of this type on a contingency fee basis and advance 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 believe they lost money as a result of Arthur Breitman’s alleged outside business activities may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at email@example.com, or through the contact form on this webpage.