Investor Alert > A Customer Requested $999,999 in Unsuitability Damages against Broker Morgan McCarthy

Posted Jul 3, 2019

by Alan Rosca

A Customer Requested $999,999 in Unsuitability Damages against Broker Morgan McCarthy

Morgan McCarthy Allegedly Engaged in Selling Away and Making Unsuitable Investment Recommendations

Broker Morgan Taylor McCarthy allegedly engaged in the practices of selling away and making unsuitable investment recommendations, according to a Pending Customer Dispute under review by investor rights attorney Alan Rosca.

The aforementioned Dispute was filed on April 30, 2019, FINRA states, and a damage amount of $$999,999.00 has been requested, FINRA reports.

Investor rights attorney Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Morgan McCarthy’s alleged practices of selling away and making unsuitable investment recommendations. Investors who believe they may have lost money in activity related to broker Morgan McCarthy’s alleged practices of selling away and making unsuitable investment recommendations are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Concerned about investments with

Broker

Morgan McCarthy Has Been Registered with Barclays Capital Since September of 2018

McCarthy has six years of experience in the securities industry with three firms, and has been registered with Barclays Capital in New York, NY since September 17, 2018, according to her FINRA Brokercheck page.

She has also been registered with the following firms:

Needham & Company, LLC, New York, NY— March 28, 2017 to September 11, 2018
Merrill Lynch, Pierce, Fenner & Smith Inc., New York NY— July 19, 2012 to March 7, 2017

Broker Morgan McCarthy has passed the Uniform Combined State Law Examination Exam, is registered in the state of New York, and is also registered in 53 states, including the Virgin Island, Puerto Rico, and the District of Columbia, according to Morgan Taylor McCarthy’s FINRA BrokerCheck Repor.

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

Broker

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Morgan McCarthy’s alleged practices of selling away and making unsuitable investment recommendations. 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, and 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 broker Morgan McCarthy’s alleged practices of selling away and making unsuitable investment recommendations may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

How to contact us?

We can also do a Zoom call to discuss your matter.