July 21, 2019 Comments (0) Blog, Current Investigations, Securities Fraud

Daniel T. Levine Broker Investigation

Daniel T. Levine Broker Investigation, Featured by Top Securities Fraud Attorneys, The White Law Group

Daniel T. Levine, Morgan Stanley – Greenwood Village, CO

Are you concerned about your investments with Daniel T. Levine in Greenwood Village, Colorado? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According to a consent order filed by the Colorado Division of Securities on March 3, 2019, the regulator has permanently barred Levine from working in the securities industry in the state of Colorado.

The Colorado Division of Securities alleged that Levine participated in an investment scheme that offered significant returns to investors through an over-the-counter sale of discounted bitcoin effectuated by Levine’s brother and an alleged large bitcoin holder in Europe.

The bitcoin opportunity was reportedly offered to brokerage clients, investment advisory clients, and others. Levine allegedly failed to disclose to investors that his brother had a criminal history and had been living outside of the United States, as a fugitive, since at least 2005, according to the consent order.

Levine reportedly did not admit or deny any of the allegations contained in the Stipulation or Consent Order.

According to Levine’s FINRA Brokercheck report, he was reportedly registered with Morgan Stanley in Greenwood Village, CO from June 2013 until August 2018 when he was reportedly discharged for “Allegations concerning activities by representative related to possible, unapproved outside activity.” He reportedly took a position with First Financial Equity Corp. thereafter, but was reportedly discharged for “Failure to disclose a regulatory inquiry to the firm.”

FINRA reportedly barred Levine in January 2019 after he allegedly failed to provide testimony in its investigation.

Investigating Potential Claims

The White Law Group is investigating potential lawsuits regarding the liability that Morgan Stanley may have for failure to properly supervise Levine.

When brokers violate securities laws, such as undisclosed outside business activities, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including Colorado. Our attorneys have recovered millions of dollars from many brokerage firms in the past.

If you have suffered losses investing with Daniel T. Levine, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.

For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.

Click here for your FREE consultation.

 

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