Jeff Leach (CRD #: 3231849), a broker registered with Morgan Stanley, is facing multiple investor disputes, according to his BrokerCheck record, accessed on April 5, 2021. Jeff Leach also offers financial advisory services through The Leach Group.
On January 28, 2021, an investor alleged that Jeff Leach misrepresented certain alternative investments. Alternative investments are inherently risky, and brokers need to be up front about the possibility for losses. The investor is seeking $500,000; the dispute is pending.
This is not the only six-figure dispute on Leach’s record. On May 5, 2020, an investor alleged that Jeff Leach recommended unsuitable energy investments. (Energy investments are inherently risky.) The investor is seeking $500,000; the dispute is pending.
Just a few months prior, investors alleged that Jeff Leach’s recommendations led to a multi-million-dollar loss. On January 3, 2020, investors alleged that Leach misrepresented certain investments. The investors are seeking $3,000,000; the dispute is pending.
Settled Investor Disputes
There is also a settled dispute and a regulatory action on Jeff Leach’s record:
- On April 4, 2016, an investor alleged that Leach recommended unsuitable investments. The investor sought $1,500,000; the dispute settled for $165,000.
- On May 24, 2011, the Florida Office of Financial Regulation alleged that Jeff Leach conducted investment advisory business within Florida without registering as a broker in that state.
Jeff Leach has passed the Series 65 Uniform Investment Advisor Law Examination, 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 50 states as well as in Puerto Rico and D.C. Leach is a registered investment adviser in Florida and Texas.
Leach has worked for the following firms:
- Morgan Stanley (CRD #: 149777)
- Morgan Stanley & Co. (CRD #: 8209)
- CitiGroup Global Markets (CRD #: 7059)
- Conseco Securities (CRD #: 29367)
If you worked with Jeff Leach and you have questions about your oil or gas 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.