William May (CRD #: 1254424), an Alpharetta, Georgia broker registered with Morgan Stanley, is facing an investor dispute regarding his alleged failure to follow instructions, according to his BrokerCheck record, accessed on January 27, 2021.
On December 4, 2020, an investor alleged that William May failed to follow instructions to sell shares to cover an option. “Options” are contracts that give investors the right to buy or sell securities at a specified price by a certain date. They are time-sensitive contracts, and failure to follow instructions can easily lead to losses. The investor is seeking $1,026,950; the dispute is pending.
William May has passed the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 3 National Commodity Futures Examination, and the Series 7 General Securities Representative Examination. William May is registered as a broker in all 50 states, as well as D.C. and Puerto Rico. May is also a registered investment advisor in Georgia and Texas.
Besides Morgan Stanley, William May has worked at the following firms during his 36 years in the securities industry:
- Morgan Stanley & Co (CRD #: 8209)
- Morgan Stanley DW (CRD #: 7556)
If William May was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email firstname.lastname@example.org for a free case consultation with a securities attorney.