Christopher Butler (CRD #: 1894450), a Woodland Hills, California broker and investment adviser registered with Morgan Stanley, is facing his 9th investor dispute, according to his BrokerCheck record, accessed on February 4, 2021. Christopher Butler also offers investment advisory services through The Butler Group.
On November 25, 2020, an investor alleged that Christopher Butler misrepresented equity and corporate debt investments. There are several similar investor disputes on Butler’s record; read on to learn the details.
Corporate Bond Investor Disputes
Christopher Butler of Morgan Stanley has faced two investor disputes over unsuitable corporate bond recommendations. These disputes collectively resolved for approximately $418,579.
Unsuitable Investment Disputes
On September 15, 2016, investors alleged that between 2011 and 2015 Christopher Butler recommended unsuitable energy bonds. The investor sought $250,000; the dispute settled for $95,000.
On August 26, 2016, investors alleged that Christopher Butler of Morgan Stanley recommended unsuitable energy bonds. The investor sought $340,000; the dispute settled for $80,000.
There are two other unsuitable investment disputes on Christopher Butler’s record. They collectively resolved for $130,000.
Excessive and Unauthorized Trading Dispute
On August 20, 2002, an investor alleged that Butler executed excessive and unauthorized trades. The investor sought $185,000; the dispute settled for $25,000. You can read a copy of National Association of Securities Dealers (NASD) settlement here.
Butler has passed the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 31 Futures Managed Funds Examination, and the Series 7 General Securities Representative Examination. He is a registered broker in 29 states and is a registered investment adviser in California and Texas.
During his 32 years of experience, Butler has worked for the following firms:
- Morgan Stanley (CRD#: 149777)
- Wells Fargo Advisors (CRD #: 19616)
- Prudential Securities (CRD #: 7471)
- Dean Witter Reynolds (CRD #: 7556)
If Christopher Butler 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.