The Securities Fraud Lawyers at Greco & Greco have been hearing more and more about criminal schemes involving securities account takeovers followed by criminals engaging in unauthorized trading to pump and dump the values of thinly traded stocks. These attacks often occur when bad actors gain unauthorized access to brokerage accounts through the exploitation of…
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Miche Jean was a registered securities salesperson with Morgan Stanley in Rockville, Maryland since 2015. However, on November 12, 2020, Morgan Stanley submitted a Termination Notice (Form U5), indicating that they terminated Jean’s employment due to concerns related to his trading strategy for certain clients, potential unauthorized discretion in specific accounts, and incomplete and delayed…
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