Matthew Morris (Matthew Alan Morris) has consented to a sanction from FINRA (the Financial Industry Regulatory Authority). FINRA is a non-governmental regulator of securities firms that focuses on investor protection and market integrity through effective and efficient regulation of the securities industry. The attorneys of Fishman Haygood Investment Fraud Lawyers are currently investigating possible claims against stockbroker Matthew Morris.
In July 2018 Matthew Morris was suspended for three months from practicing as a broker. Matthew Morris worked for Suntrust Investment Services in Hopewell, Virginia from 2014 to 2017.
Matthew Morris was previously associated with RBC Capital Markets LLC; Ferris, Baker Watts LLC; Morgan Stanley & Co Inc; Morgan Stanley DW Inc.
FINRA alleges that Matthew Morris engaged in the following misconduct: replicating client signatures on financial documents and trade authorizations.
Through the course of its investigation, FINRA has found evidence that between 2015 and 2017, while Morris was employed with SunTrust Investment Services, Morris cut and pasted and/or traced the signatures of 16 customers on over 70 forms. The replicated signatures were used to record customer financial information and/or authorize customer purchases. FINRA found that all of the underlying transactions were authorized transactions, but none of the customers were aware of – nor had they agreed to – Morris replicating their signatures in this way. Additionally, Morris’ firm required Morris to sign two compliance agreements stating he would not engage in signing a customer’s name to any document, an agreement that he broke through this misconduct. Suntrust ended Morris’ employment with the firm in March of 2017 after the allegations of falsifying documents were made.
Morris neither admitted nor denied FINRA’s findings, but consented to a fine of $5,000 and a temporary suspension from practice for 3 months. Morris’ suspension began on 7/16/18 and will end on 10/15/18.
Matthew Morris has been the subject of at least 1 customer disputes.
If you invested money through Matthew Morris, we would like to talk to you. Fishman Haygood Investment Fraud Lawyers are experienced securities litigators. We have helped hundreds of clients recover their losses that were due to broker fraud or negligence. Contact us today to discuss your options and receive a free consultation.
Fishman Haygood Investment Fraud Lawyers represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.
Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood Investment Fraud lawyer today.