{"id":19136,"date":"2020-08-26T09:35:14","date_gmt":"2020-08-26T14:35:14","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19136"},"modified":"2020-08-26T09:35:14","modified_gmt":"2020-08-26T14:35:14","slug":"morgan-stanley-broker-fraud-claims","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/","title":{"rendered":"More Than 20 Investor Fraud Complaints Have Involved Ex-Morgan Stanley Broker Michael Paesano"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">The Latest Customer Claim Accuses Investment Advisor of Excessive Trading\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Once again, an investor is blaming former Morgan Stanley stockbroker, Michael Frank Paesano, for their investment losses. These latest allegations involve excessive trading.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although Paesano is no longer a registered broker, he is still a registered investment advisor and he may be affiliated with Axiom Investment Management. During Paesano&#8217;s 26 years in the industry, there have been more than twenty customer complaints brought against him. While four of these cases were denied, all of the other resolved claims have led to significant settlements, including one for $1.2M.<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/\"  title=\"Continue Reading More Than 20 Investor Fraud Complaints Have Involved Ex-Morgan Stanley Broker Michael Paesano\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Latest Customer Claim Accuses Investment Advisor of Excessive Trading\u00a0 Once again, an investor is blaming former Morgan Stanley stockbroker, Michael Frank Paesano, for their investment losses. These latest allegations involve excessive trading.\u00a0 Although Paesano is no longer a registered broker, he is still a registered investment advisor and he may be affiliated with Axiom [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,4136],"tags":[3026,4408,2283],"class_list":["post-19136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-fraud","category-morgan-stanley-financial-firms","tag-broker-fraud","tag-michael-paesano","tag-morgan-stanley"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ex-Morgan Stanley Broker Involved In 20 Broker Fraud Claims | SSEK Law<\/title>\n<meta name=\"description\" content=\"Ex-Morgan Stanley broker, Michael Paesano, is involved in at least 20 broker fraud complaints regarding excessive trading. Find out more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ex-Morgan Stanley Broker Involved In 20 Broker Fraud Claims | SSEK Law\" \/>\n<meta name=\"twitter:description\" content=\"Ex-Morgan Stanley broker, Michael Paesano, is involved in at least 20 broker fraud complaints regarding excessive trading. Find out more.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/08\/aerial-view-and-grayscale-photography-of-high-rise-buildings-1105766-2.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ex-Morgan Stanley Broker Involved In 20 Broker Fraud Claims | SSEK Law","description":"Ex-Morgan Stanley broker, Michael Paesano, is involved in at least 20 broker fraud complaints regarding excessive trading. 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Find out more.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/08\/aerial-view-and-grayscale-photography-of-high-rise-buildings-1105766-2.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"More Than 20 Investor Fraud Complaints Have Involved Ex-Morgan Stanley Broker Michael Paesano","datePublished":"2020-08-26T14:35:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/"},"wordCount":532,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/08\/aerial-view-and-grayscale-photography-of-high-rise-buildings-1105766-2.jpg","keywords":["broker fraud","Michael Paesano","Morgan Stanley"],"articleSection":["Broker Fraud","Morgan Stanley"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/","url":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/","name":"Ex-Morgan Stanley Broker Involved In 20 Broker Fraud Claims | SSEK Law","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/morgan-stanley-broker-fraud-claims\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/08\/aerial-view-and-grayscale-photography-of-high-rise-buildings-1105766-2.jpg","datePublished":"2020-08-26T14:35:14+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Ex-Morgan Stanley broker, Michael Paesano, is involved in at least 20 broker fraud complaints regarding excessive trading. 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