Edward Conrekas Was Terminated By Morgan Stanley After Allegations of Misconduct
The Sonn Law Group is interested in hearing from investors who suffered losses working with former Morgan Stanley broker Edward Conrekas. Mr. Conrekas was recently barred from the securities industry by FINRA. Contact us today at (866) 827–3202 to learn more about your rights and options.
Edward Ralph Conrekas (CRD#: 2962132) is a former FINRA broker. Most recently, Mr. Conrekas was associated with J.W. Cole Financial in Eastvale, CA (2018). Prior to that, this broker was employed at Morgan Stanley in Pasadena, CA (2009 to 2017).
In October of 2017, Edward Ralph Conrekas was terminated by Morgan Stanley after allegations that he violated the brokerage firm’s internal policies. Specifically, Mr. Conrekas allegedly failed to comply with the terms of a revenue sharing agreement that was made with another securities professional — as a result, funds were misallocated.
Barred Broker: Former Morgan Stanley Representative Edward Conrekas
In August of 2018, the Financial Industry Regulatory Authority (FINRA) named Edward Conrekas as the subject of an investigation. According to BrokerCheck, regulators were reviewing this broker’s discharge from Morgan Stanley.
Under FINRA rules, all registered representatives have a duty to provide documents, records, and testimony to regulators under certain circumstances. The failure to do so hampers investigative efforts and can result in sanctions.
Records indicate that Mr. Conrekas failed to respond to multiple FINRA letters regarding the investigation. As of March 11th, 2019, former Morgan Stanley broker Edward Conrekas has been barred from the securities industry.
Jeffrey R. Sonn is an experienced securities fraud attorney. If you suffered substantial investment losses working with Edward Conrekas or any other Morgan Stanley broker, Mr. Sonn is standing by, ready to help. Contact the Sonn Law Group today to set up a free, no obligation initial consultation.