INVESTORS: Morgan Stanley broker Michael John Wagner is facing two pending customer disputes alleging unsuitable investment recommendations and misrepresentation.
Michael John Wagner (CRD#:4465334) is registered as a broker and investment adviser with Morgan Stanley, where he’s been employed since 2012. Wagner was previously registered as a broker and investment adviser with Merrill Lynch from 2001 until 2012.
Wagner has three disclosures on his BrokerCheck report. One customer dispute filed against Wagner was denied.
November 2021 Customer Dispute
Allegations: Client alleged FA employed unsuitable options investment strategy.
Damage Amount Requested: $15,708,558.00
November 2020 Customer Dispute
Allegations: Claimants alleged misrepresentation with respect to option strategy in managed accounts – January 2019 to January 2020.
Damage Amount Requested: $5,162,453.00
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The Sonn Law Group is currently investigating allegations surrounding Michael John Wagner. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.