RUSSELL ALAN COWMAN at MORGAN STANLEY – View Complaints, Disclosures, Scams and Audit Report (Updated 2023)

CRD# 1991594
RUSSELL ALAN COWMAN is an Investment Adviser, associated with MORGAN STANLEY located at Austin, TX. RUSSELL COWMAN’s Central Registration Depository (CRD) number is 1991594 and the FINRA Profile can be found at – https://brokercheck.finra.org/individual/summary/5134112.

Disclosure #1 for RUSSELL COWMAN

    • Event Date: 6/24/2002
    • Disclosure Type: Customer Dispute
    • Disclosure Resolution: Denied
    • Disclosure Detail :: Allegations: CLIENT ALLEGES FA FAILED TO FOLLOW HER INSTRUCTIONS TO LIQUIDATE HER ACCOUNT. \tDAMAGES UNSPECIFIED, BUT ESTIMATED TO EXCEED $5000.
    • Broker Comment: CUSTOMER’S COMPLAINT IS TOTALLY WITHOUT MERIT. I INHERITED THIS ACCOUNT FROM A BROKER WHO LEFT THE BUSINESS AND I DID NOT RECOMMEND ANY INVESTMENT TO THE CLIENT. WHEN I RECEIVED HER ACCOUNT SHE ALREADY HAD A SIGNIFICANT MARGIN BALANCE. AS SHE CONTINUED TO WRITE CHECKS IN EXCESS OF HER HOLDINGS, SHE CREATED OTHER MARGIN CALLS. I WAS ON VACATION WHEN CUSTOMER SPOKE WITH MY ASSOCIATE REGARDING A MARGIN CALL. HE SUGGESTED THAT SHE SHOULD COVER HER MARGIN AND DISCUSS COMPLETE LIQUIDATION WITH THE BROKER OF RECORD FOR THE ACCOUNT AND SHE AGREED. WHEN I RETURNED, THE TRAGIC EVENTS OF SEPTEMBER 11TH OCCURRED AND PREVENTED ANY LIQUIDATION IN THE ACCOUNT. WHEN THE MARKETS REOPENED, THE MARKET TUMBLED AND THE CLIENT GAVE ME INSTRUCTIONS TO SELL EVERYTHING AND I DID JUST THAT. AT NO TIME DID I EVER DISREGARD ANY OF THE CLIENT’S INSTRUCTIONS.

Disclosure #2 for RUSSELL COWMAN

      • Event Date: 12/10/2001
      • Disclosure Type: Customer Dispute
      • Disclosure Resolution: Closed-No Action
      • Disclosure Detail :: Allegations: CLIENT ALLEGES THAT HE WAS NOT \WARNED OF THE RISKS IN ENRON OR [HIS PORTFOLIO AS A WHOLE…\ CLIENT STATES THAT HE EQUESTED AND EXPECTED TO RECEIVE QUALITY, CONSERVATIVE INVESTMENTS WITH LITTLE OR NO EXPOSURE TO RISK OR LOSS OF PRINCIPLE.\ DAMAGES ESTIMATED TO EXCEED $5000. TIME PERIOD: 01/01-11/01.
      • arbitrationDocketNumber:

Disclosure #3 for RUSSELL COWMAN

      • Event Date: 12/10/2001
      • Disclosure Type: Customer Dispute
      • Disclosure Resolution: Closed-No Action
      • Disclosure Detail :: Allegations: CLIENT ALLEGES THAT HE WAS NOT \WARNED OF THE RISKS IN ENRON OR [HIS PORTFOLIO AS A WHOLE…\ CLIENT STATES THAT HE EQUESTED AND EXPECTED TO RECEIVE QUALITY, CONSERVATIVE INVESTMENTS WITH LITTLE OR NO EXPOSURE TO RISK OR LOSS OF PRINCIPLE.\ DAMAGES ESTIMATED TO EXCEED $5000. TIME PERIOD: 01/01-11/01.
      • arbitrationDocketNumber:


Should I file a FINRA complaint against brokers like RUSSELL ALAN COWMAN?

Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.

Update - 2022.11.15If you have suffered investment losses that may have been caused by RUSSELL ALAN COWMAN’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!

 
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Frequently Asked Questions About RUSSELL ALAN COWMAN

What is RUSSELL COWMAN's Central Registration Depository (CRD) Number?

1991594

Which firm is RUSSELL ALAN COWMAN associated with?

MORGAN STANLEY

Where is RUSSELL COWMAN located?

301 Congress Avenue, Austin, TX, 78701

Where can I find more details about RUSSELL COWMAN's Investment Firm?

Visit https://brokercheck.finra.org/firm/summary/149777 to read a detailed report for MORGAN STANLEY

Are there any disclosures, allegations or complaints filed against RUSSELL ALAN COWMAN?

Yes. There are disclosures, allegations, or complaints filed against RUSSELL ALAN COWMAN. Click here to view all details

Where can I download a detailed FINRA report for RUSSELL COWMAN?

Click here to download a detailed FINRA report for RUSSELL COWMAN

Is it safe to do business with RUSSELL ALAN COWMAN?

We’re not sure. Please research RUSSELL COWMAN’s disclosures, allegations and complaints before taking a decision


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