Phillip Schreiner, Morgan Stanley, San Antonio, TX
FINRA Reportedly Bars Phillip Schreiner from the Securities Industry
Are you concerned about investments with former financial advisor Phillip Schreiner in San Antonio, TX? 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 Schreiner after he allegedly refused to provide testimony in its investigation.
According to his broker check report, Schreiner was reportedly registered with Morgan Stanley in San Antonio, TX from 2011 to 2018, when he was reportedly discharged after “Allegations regarding the solicitation and involvement of outside activities involving real estate investments and borrowing money from a client. The client was repaid.”
He reportedly has 1 customer complaint on his broker profile. Allegations include “misrepresentation, inter alia, with respect to investments – November 2011 – September 2017.”
Investigating Potential Lawsuits
The White Law Group is investigating potential claims regarding the liability that Schreiner’s employers may have for failure to properly supervise him.
When brokers violate securities laws, such as making misrepresentations or recommending unsuitable investments, 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 Texas. Our attorneys have recovered millions of dollars from many brokerage firms in the past.
If you are concerned about your investments with Phillip Schreiner, 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 www.WhiteSecuritiesLaw.com.
Tags: FINRA, FINRA arbitration, Phillip Schreiner Complaints, Phillip Schreiner financial advisor, Phillip Schreiner investigation, Phillip Schreiner lawsuit, Phillip Schreiner Morgan Stanley, Phillip Schreiner San Antonio Texas, securities fraud attorney Last modified: February 28, 2020