Customer Dispute Settled for $12.5m Against Former Morgan Stanley Broker

Broker Kevin C. Doyle Also Faces New Allegations of Excessive Trading

The Financial Industry Regulatory Authority (FINRA) regulates brokers and brokerage firms throughout the United States. When a financial advisor or broker engages in misconduct resulting in losses, an investor may be able to recover those losses through a FINRA arbitration. Kevin C. Doyle (CRD: 2102345) is currently employed as a broker through Raymond James & Associates, Inc. He has been registered with this firm since June 7, 2018. Mr. Doyle holds 26 state licenses and has 29 years of experience with six firms. According to BrokerCheck, Mr. Doyle has one pending and one settled customer dispute.

In the current pending customer dispute, the claimant alleges that Mr. Doyle engaged in “excessive trading with respect to investments 2012 – 2018.” The allegations were filed on April 4, 2019 and have not been settled. Prior to his employment with Raymond James & Associates, Mr. Doyle was employed with Morgan Stanley for a number of years. During that time, a customer filed an arbitration claim alleging that Mr. Doyle’s investment strategy was unsuitable. The dispute was settled in favor of the claimant for $12,500,000.

If you invested money with Kevin C. Doyle, Morgan Stanley, or Raymond James and suffered financial losses or are concerned about your accounts, Levin Law may be able to help you recover your damages through a FINRA arbitration.  Founding attorney Brian Levin has recovered tens of millions of dollars for investors throughout the world. Please contact us now for a free case evaluation at contact@levinlawpa.com or (305) 402-9050. Most cases are taken on a contingency-fee basis, meaning we are not compensated unless we recover money on your behalf.