{"id":4407,"date":"2007-05-07T09:22:28","date_gmt":"2007-05-07T09:22:28","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/05\/exmorgan_stanley_client_servic"},"modified":"2021-09-20T15:41:27","modified_gmt":"2021-09-20T20:41:27","slug":"exmorgan-stanley-client-servic","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/exmorgan-stanley-client-servic\/","title":{"rendered":"Ex-Morgan Stanley Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia"},"content":{"rendered":"<p>\t\t\t\tRonald Peteka, a former Morgan Stanley &amp; Co. client services representative, was arrested last month. According to Michael Garcia, the U.S. Attorney for the Southern District of New York, Peteka allegedly stole proprietary information about hedge funds from Morgan Stanley while working with one of the brokerage firm&#8217;s consultants for the information technology department. The consultant, named Ira Chilowitz, who was in charge of establishing secure computer connections between prime brokerage clients and Morgan Stanley, pled guilty early this year to four felony counts connected to the allegations against Peteka. <\/p>\n<p>Among the list of allegedly stolen items is the names of all of Morgan Stanley&#8217;s major brokerage hedge fund clients, as well as the formulas that were used to figure out the rates paid by them for specific services. This list, according to Garcia, could be of great value to Morgan Stanley&#8217;s competition. Garcia said both Chilowitz and Peteka conspired to misappropriate this list. <\/p>\n<p>The U.S. Attorney said that when Chilowitz pled guilty, he confessed that the reason he stole the list was because he anticipated that it could possibly help both him and Peteka gather new business for a consulting company they had planned on setting up together. <\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/exmorgan-stanley-client-servic\/\"  title=\"Continue Reading Ex-Morgan Stanley Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ronald Peteka, a former Morgan Stanley &amp; Co. client services representative, was arrested last month. According to Michael Garcia, the U.S. Attorney for the Southern District of New York, Peteka allegedly stole proprietary information about hedge funds from Morgan Stanley while working with one of the brokerage firm&#8217;s consultants for the information technology department. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3787],"tags":[],"class_list":["post-4407","post","type-post","status-publish","format-standard","hentry","category-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 Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia &#8212; Investor Lawyers Blog &#8212; May 7, 2007<\/title>\n<meta name=\"description\" content=\"Ronald Peteka, a former Morgan Stanley &amp; Co. client services representative, was arrested last month. According to Michael Garcia, the U.S. Attorney &#8212; May 7, 2007\" \/>\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\/exmorgan-stanley-client-servic\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ex-Morgan Stanley Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia &#8212; Investor Lawyers Blog &#8212; May 7, 2007\" \/>\n<meta name=\"twitter:description\" content=\"Ronald Peteka, a former Morgan Stanley &amp; Co. client services representative, was arrested last month. According to Michael Garcia, the U.S. Attorney &#8212; May 7, 2007\" \/>\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=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ex-Morgan Stanley Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia &#8212; Investor Lawyers Blog &#8212; May 7, 2007","description":"Ronald Peteka, a former Morgan Stanley &amp; Co. client services representative, was arrested last month. 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According to Michael Garcia, the U.S. Attorney &#8212; May 7, 2007","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/exmorgan-stanley-client-servic\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/exmorgan-stanley-client-servic\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Ex-Morgan Stanley Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia","datePublished":"2007-05-07T09:22:28+00:00","dateModified":"2021-09-20T20:41:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/exmorgan-stanley-client-servic\/"},"wordCount":347,"articleSection":["Morgan Stanley"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/exmorgan-stanley-client-servic\/","url":"https:\/\/www.investorlawyers.com\/blog\/exmorgan-stanley-client-servic\/","name":"Ex-Morgan Stanley Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia &#8212; Investor Lawyers Blog &#8212; May 7, 2007","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2007-05-07T09:22:28+00:00","dateModified":"2021-09-20T20:41:27+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Ronald Peteka, a former Morgan Stanley &amp; Co. client services representative, was arrested last month. 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