Advisor Alert: Our Attorneys Are Investigating Neil Jeffrey Lerner For Investment Fraud
Did You Lose Money Because of Neil Lerner?
Filed: March 6, 2024
Neil Lerner (also known as Neil J Lerner) 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 Neil Jeffrey Lerner.
Who Is Neil Jeffrey Lerner?
- Advisor Name: Neil Jeffrey Lerner
- Aliases: Neil J Lerner
- CRD: 836146
- Location: New York, New York
- Current Employer: Currently Not Registered
- Previous Firms: Morgan Stanley, UBS Financial Services Inc., and Citigroup Global Markets Inc.
- Number of Known Customer Complaints: 5
- Can Neil Lerner Be Sued: Yes, in Private Arbitration
- Can Neil Lerner’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $150,658
- Highest Settlement: $25,200
If you have suffered investment losses by Neil Lerner, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 Neil Lerner For Broker Misconduct
As of this publication date, Neil Lerner has been the subject of 5 customer disputes. Let’s review them below.
In November 2023, a complaint was filed against or in reference to Neil Lerner by a customer of Morgan Stanley alleging that the liquidity access line established by the client’s deceased husband was not appropriate for the client to maintain in 2021-2023.
In November 2022, a complaint was filed against or in reference to Neil Lerner by a customer of Morgan Stanley alleging that her account was not managed in her best interest. Per the customer, she lost over $27,775 because of Mr. Lerner’s actions.
In February 2021, a complaint was filed against or in reference to Neil Lerner by a customer of PSI Incorp. alleging unsuitable recommendations, excessive trading, and ignoring instructions. Per the customer, he/she lost over $120,000 because of Mr. Lerner’s actions.
In June 1995, a NYSE arbitration was filed against or in reference to Neil Lerner by multiple customers of Prudential Securities Incorporated alleging misrepresentation in connection with the review of the sale of an annuity in 1991. Per the customers, they lost over $2,000 because of Mr. Lerner’s actions. An arbitration panel found that Neil Lerner was negligent and awarded $120 in favor of the customers.
In July 1989, a NYSE arbitration was filed against or in reference to Neil Lerner by a customer of Shearson Lehman Brothers Inc. alleging unauthorized and unsuitable trading & churning. Per the customer, he/she lost over $150,658 because of Mr. Lerner’s actions. An arbitration panel found that Neil Lerner was negligent and awarded $25,200 in favor of the customers.
How To File A Claim Against Neil Lerner (previously with Morgan Stanley, UBS Financial Services Inc., and Citigroup Global Markets Inc.) To Get Your Money Back
If you have questions about Neil Lerner, Morgan Stanley, UBS Financial Services Inc., Citigroup Global Markets Inc., 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.