{"id":8198,"date":"2019-05-20T16:29:05","date_gmt":"2019-05-20T20:29:05","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=8198"},"modified":"2019-05-20T16:29:05","modified_gmt":"2019-05-20T20:29:05","slug":"morgan-stanley-finra-suit","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/morgan-stanley-finra-suit\/","title":{"rendered":"Former Morgan Stanley Broker Claims FINRA Suit Reflects Industry&#8217;s Overall Discrimination Against Women"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1754 size-medium\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-9-300x200.jpg\" alt=\"FINRA has alleged that in 2011 and 2012, Ami Forte engaged in unsuitable trading with the account of a client who was very near death. With this account, Forte generated more than $9 million in commissions in less than a year. In 2016, Forte was fired by Morgan Stanley after the estate of Roy M. Speer, co-founder of the Home Shopping Network, sued Morgan Stanley for $40 million. In March 2016, a FINRA panel gave more than $34 million to the Speer estate for its claim against Morgan Stanley.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-9-300x200.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-9-768x512.jpg 768w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-9-1024x683.jpg 1024w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-9-1000x667.jpg 1000w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-9-180x120.jpg 180w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-9.jpg 1254w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>FINRA has alleged that in 2011 and 2012, Ami Forte engaged in unsuitable trading with the account of a client who was very near death. With this account, Forte generated more than $9 million in commissions in less than a year. In 2016, Forte was fired by Morgan Stanley after the estate of Roy M. Speer, co-founder of the Home Shopping Network, sued Morgan Stanley for $40 million.<\/p>\n<p>In March 2016, a FINRA panel gave more than $34 million to the Speer estate for its claim against Morgan Stanley. <a href=\"https:\/\/www.silverlaw.com\/blog\/morgan-stanley-finra-suit\/#more-8198\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINRA has alleged that in 2011 and 2012, Ami Forte engaged in unsuitable trading with the account of a client who was very near death. With this account, Forte generated more than $9 million in commissions in less than a year. In 2016, Forte was fired by Morgan Stanley after the estate of Roy M. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[589,580],"tags":[],"class_list":["post-8198","post","type-post","status-publish","format-standard","hentry","category-churning-2","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Former Morgan Stanley Broker Claims FINRA Suit Reflects Industry&#039;s Overall Discrimination Against Women<\/title>\n<meta name=\"description\" content=\"FINRA has alleged that in 2011 and 2012, Morgan Stanley broker Ami Forte engaged in unsuitable trading with the account of a client who was very near death.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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