Advisor Alert: Our Attorneys Are Investigating Mark David Rosenberg For Investment Fraud
Did You Lose Money Because of Mark Rosenberg?
Filed: March 11, 2024
Mark Rosenberg currently has one (1) pending customer complaint. Overall, he has been the subject of five (5) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Mark David Rosenberg.
Who Is Mark David Rosenberg of Morgan Stanley?
- Advisor Name: Mark David Rosenberg
- Aliases: Mark Rosenberg
- CRD: 1103799
- Location: Atlanta, Georgia
- Current Employer: Morgan Stanley
- Previous Firms: UBS Financial Services Inc. and J.C. Bradford & Co.
- Number of Known Customer Complaints: 2
- Can Mark Rosenberg Be Sued: Yes, in Private Arbitration
- Can Mark Rosenberg’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $499,999.99
- Highest Settlement: $675,000
If you have suffered investment losses by Mark Rosenberg, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Mark Rosenberg For Broker Misconduct
As of this publication date, Mark Rosenberg has been the subject of 5 customer disputes. Let’s review them below.
In April 2023, a FINRA arbitration was filed against or in reference to Mark Rosenberg by a customer of Morgan Stanley Smith Barney alleging unsuitability with respect to alternative investments. Per the customer, she lost over $499,999.99 because of Mr. Rosenberg’s actions. As of this publication date, this claim remains pending.
In April 2008, a complaint was filed against or in reference to Mark Rosenberg by a customer of UBS Financial Services Inc. alleging sale of an Auction Rate Security (ARS) that was made prior to the widespread illiquidity in the ARS market that occurred in February 2008. On December 23, 2008, Mr. Rosenberg settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Rosenberg’s employer and/or insurance carrier.
In April 2008, a complaint was filed against or in reference to Mark Rosenberg by a customer of UBS Financial Services Inc. alleging that the client was told the auction rate debt was the equivalent of money market holdings and client states this is not the case. Per the customer, he lost over $5,000 because of Mr. Rosenberg’s actions. On December 23, 2008, Mr. Rosenberg settled the claim for $675,000, and some or all of this amount may have been paid by Mr. Rosenberg’s employer and/or insurance carrier.
In April 2008, a complaint was filed against or in reference to Mark Rosenberg by a customer of UBS Financial Services Inc. alleging that the assurance regarding the subject floaters (auction rate securities) were false. The client further alleges that Mr. Rosenberg misrepresented the nature and liquidity of these securities and failed to disclose the risks involved in the investments. Per the customer, he lost over $5,000 because of Mr. Rosenberg’s actions. On December 23, 2008, Mr. Rosenberg settled the claim for $425,000, and some or all of this amount may have been paid by Mr. Rosenberg’s employer and/or insurance carrier.
In February 2004, a complaint was filed against or in reference to Mark Rosenberg by a customer of UBS Financial Services Inc. alleging that the client suffered losses in his IRA resulting from Mr. Rosenberg’s recommendations.
How To File A Claim Against Mark Rosenberg of Morgan Stanley (previously with UBS Financial Services Inc. and J.C. Bradford & Co.) To Get Your Money Back
If you have questions about Mark Rosenberg, Morgan Stanley, UBS Financial Services Inc., J.C. Bradford & Co., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.