(888) 637-5510

Written by 4:54 pm Blog, Current Investigations

Michael Barry Carter Broker Investigation

Michael Barry Carter Broker Investigation, featured by Top Securities Fraud Attorneys, The White Law Group

Michael Barry Carter (Mike Carter), Morgan Stanley, Mclean, VA

Are you concerned about investments with Michael Barry Carter in Mclean, VA? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According to the Financial Industry Regulatory Authority (FINRA), the regulator has reportedly barred former Morgan Stanley broker Mike Carter from the brokerage industry for allegedly refusing to provide documents and information around his alleged theft of client funds.

According to FINRA BrokerCheck, Carter, who was registered with Morgan Stanley in Mclean, VA was reportedly dismissed on July 30 for “allegations he misappropriated client funds.” According to his broker report he was affiliated with Morgan Stanley for the past 8 years.

Investigating Potential Claims

The White Law Group is investigating potential lawsuits regarding the liability that Carter’s former employers may have for failure to properly supervise him.

When brokers violate securities laws (if proven), such as misappropriating client funds, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including Virginia. Our attorneys have recovered millions of dollars from many brokerage firms in the past.

If you have suffered losses investing with Michael Barry Carter, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.

For more information on The White Law Group, and its representation of investors, please visit whitesecuritieslaw.com. 



Tags: , , , , , , , , , Last modified: December 20, 2022