The Law Firm of David Chase is investigating former Boston, Massachusetts based Morgan Stanley (CRD#149777) broker James S Polese (CRD#2636427) concerning allegations of misrepresentation and misappropriation of client funds.
According to Polese’s FINRA BrokerCheck report, a customer filed a complaint against Polese in May of 2017 alleging he misrepresented managed account fees from 2015 to 2017. The complaint was later settled for $33,260.
Polese has one other disclosure on his BrokerCheck report — in June 2017, a customer alleged improper conduct and misappropriation of funds. This complaint led Morgan Stanley to terminate Polese.
Morgan Stanley employed Polese from 2010-2017 at its Boston, Massachusetts branch.
The misrepresentation or omission of material facts in connection with an investment recommendation by a brokerage firm’s representative may be a basis for a FINRA arbitration claim for damages. If you believe you have been sold an investment that was misrepresented in terms of its nature and/or risk level, you may be able to recover your losses through FINRA arbitration.
FINRA arbitration is a fast, efficient way to recover your lost investment funds. The Law Firm of David Chase works on a contingency fee basis, meaning you pay it nothing unless it recovers money for you.
If you have invested with James S. Polese and Morgan Stanley and have lost money doing so, you may be able to recover some or all of your losses. David Chase is experienced in recovering investor losses due to broker and brokerage firm misconduct and mismanagement through FINRA arbitration.
The Law Firm of David Chase represents the interests of fraud victims around the country. If you have questions about your legal rights or ability to recover your investment losses, please contact David Chase for a free consultation at firstname.lastname@example.org or toll free at (800) 760-0912.