The securities attorneys at The Law Office of David Liebrader have opened an investigation into the securities related conduct of Steven Wyatt, a FINRA registered representative formerly associated with Morgan Stanley in Ridgeland, Mississippi.
In October 2015 Steven Wyatt disclosed that he was the subject of an investigation by the Mississippi Secretary of State into whether or not he had violated the Mississippi Securities Laws pertaining to conduct that occurred between 2007 and 2012. This investigation follows on the heels of a FINRA investigation into Steven Wyatt’s sales of securities of a company known as Morris Innovative. Wyatt entered into an acceptance waiver and consent (“AWC”) decree with FINRA whereby for purposes of the proceeding he consented to the entry of findings that he engaged in conduct that was a violation of FINRA rules pertaining to his recommendations and purchases of Morris Innovative securities. As a result of the AWC, Wyatt was fined $12,500 and suspended from FINRA membership association for a period of four months.
FINRA maintains a database that the public can access to check the credentials of their financial advisors. The website, also known as broker check contains a listing for Steven Wyatt, who, in addition to the FINRA and MS Secretary of State investigations, has been the subject of eight customer complaints, including those for churning, and making unsuitable investments.
If you are the victim of investment fraud, or if you have lost money investing with Steven Wyatt of Ridgeland, MS, please call The Law Office of David Liebrader at (702) 380-3131 for a free, confidential consultation to discuss your legal rights and options. Our firm takes cases on a straight contingency fee, with no money up front, and no money owed unless there is a recovery.
There is no charge for the initial consultation, so call (702) 380-3131 today to speak with an experienced securities attorney who will fight to recover your losses.
The Law Office of David Liebrader practices exclusively in the field of investment loss recovery. For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions. During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies. The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.