{"id":2523,"date":"2017-04-26T00:00:00","date_gmt":"2017-04-26T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/barry-f-connell-morgan-stanley-new-jersey\/"},"modified":"2018-10-08T12:37:35","modified_gmt":"2018-10-08T16:37:35","slug":"barry-f-connell-morgan-stanley-new-jersey","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/barry-f-connell-morgan-stanley-new-jersey\/","title":{"rendered":"Barry F. Connell, Formerly of Morgan Stanley, Under Investigation Over Allegations that he Stole From Clients"},"content":{"rendered":"<\/p>\n<p>Silver Law Group is investigating former New Jersey-based <a href=\"https:\/\/brokercheck.finra.org\/firm\/summary\/149777\" target=\"_blank\">Morgan Stanley (CRD# 149777)<\/a> broker <a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/3070984\" target=\"_blank\">Barry F. Connell (CRD# 3070984)<\/a> over SEC allegations that he stole money from his customers.<\/p>\n<p>According to the <a href=\"https:\/\/www.sec.gov\/litigation\/complaints\/2017\/comp-pr2017-41.pdf\" target=\"_blank\">SEC complaint<\/a>, Connell misappropriated approximately $5 million from Morgan Stanley clients from December 2015 through November 2016.\u00a0 Allegedly, Connell carried out the scheme primarily by moving funds between certain client accounts and issuing wire transfers and checks from the accounts to third parties for his benefit.\u00a0 Over the course of approximately eleven (11) months, Connell made 100 unauthorized transactions, according to the SEC complaint.<\/p>\n<p>According to Connell\u2019s FINRA BrokerCheck report, Morgan Stanley discharged Connell in November 2016 after the allegations surfaced.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/barry-f-connell-morgan-stanley-new-jersey\/\"  title=\"Continue Reading Barry F. Connell, Formerly of Morgan Stanley, Under Investigation Over Allegations that he Stole From Clients\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Silver Law Group is investigating former New Jersey-based Morgan Stanley (CRD# 149777) broker Barry F. Connell (CRD# 3070984) over SEC allegations that he stole money from his customers. According to the SEC complaint, Connell misappropriated approximately $5 million from Morgan Stanley clients from December 2015 through November 2016.\u00a0 Allegedly, Connell carried out the scheme primarily [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[591,580],"tags":[135,136,89],"class_list":["post-2523","post","type-post","status-publish","format-standard","hentry","category-misappropriation","category-stockbroker-misconduct","tag-barry-f-connell","tag-misappropriation","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>Barry F. Connell, Formerly of Morgan Stanley, Under Investigation Over Allegations that he Stole From Clients &#8212; Securities Arbitration Lawyers Blog &#8212; April 26, 2017<\/title>\n<meta name=\"description\" content=\"If you&#039;ve lost money investing with Barry F. Connell and Morgan Stanley, contact our firm to learn how you can try to recover your losses.\" \/>\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.silverlaw.com\/blog\/barry-f-connell-morgan-stanley-new-jersey\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Barry F. Connell, Formerly of Morgan Stanley, Under Investigation Over Allegations that he Stole From Clients &#8212; Securities Arbitration Lawyers Blog &#8212; April 26, 2017\" \/>\n<meta name=\"twitter:description\" content=\"If you&#039;ve lost money investing with Barry F. 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