tag:blogger.com,1999:blog-2447438783001404385.post5552523837429512670..comments2024-03-28T23:48:08.527-05:00Comments on Jackson Jambalaya: FINRA arbs order Morgan Stanley to pay $2.4 million to Miss. clients in broker fraud case. Kingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-2447438783001404385.post-46973486018162023162015-08-14T18:07:35.516-05:002015-08-14T18:07:35.516-05:00who oversees these brokers in Mississiippi?who oversees these brokers in Mississiippi?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-63886375382917022332015-08-10T13:05:45.050-05:002015-08-10T13:05:45.050-05:00Mr. Wyatt's retired clients - not so wellMr. Wyatt's retired clients - not so wellAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-92110763671400929642015-08-10T12:01:39.318-05:002015-08-10T12:01:39.318-05:00Mr Wyatt resides in his mother-n-laws house that s...Mr Wyatt resides in his mother-n-laws house that she gave them when she upgraded to a gated community. Ironically, the house is just around the corner from Anna's Oxford house. <br />Not to worry, Mr Wyatt is doing well in retirementAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-71218095909756927982015-08-10T10:09:09.529-05:002015-08-10T10:09:09.529-05:00Morgan Stanley pays the fines. They have superviso...Morgan Stanley pays the fines. They have supervisory reponsibility for their employees. This office failed miserably to supervise and their clients suffered these huge losses. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-48470158869605383752015-08-08T13:07:47.231-05:002015-08-08T13:07:47.231-05:00I too was robbed by this company! I plan to keep u...I too was robbed by this company! I plan to keep up my efforts to recover my money as long as I live! Then, my children will take over the fight, then my children's children's, and on and on....... So you see Morgan Stanley, we are never going away!!! You could have done the right thing seven years ago and paid back your clients what your "Golden Boy" Steve Wyatt gambled away! Instead you covered it up, lied under oath, committed fraud, forgery and theft, and many other crimes. Paying clients back would have been less cost to you than what you have already spent on your fancy New York lawyers, local yocals, consultants expenses, etc. But, you had rather steal people's money and fight them in your asinine arbitration process than to be ethical and honest. Furthermore, think of the clients that are just waiting their turn to sue you!!! You really aren't very smart! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-3726986979930091042015-08-08T11:24:29.515-05:002015-08-08T11:24:29.515-05:00Who pays these fines, the brokers or Morgan Stanle...Who pays these fines, the brokers or Morgan Stanley?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-63133079269821620172015-08-07T21:22:11.408-05:002015-08-07T21:22:11.408-05:00All I have to say is I have been fighting this for...All I have to say is I have been fighting this for seven years, and I will NEVER give up!!! I will fight until I get the money back that was STOLEN from me! If the Secretary of State office can't (won't) do their job, then it's on to the Attorney General! Also, I haven't even gotten started with the news media yet!! You big shots at Morgan Stanley, can hire all the lawyers you want, you will not win! Just remember Hell Hath No Fury.......... Guess you should have paid me back seven years ago, huh!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-48512920803225987382015-08-07T18:29:21.193-05:002015-08-07T18:29:21.193-05:00Obfuscation, thy name is Wall StreetObfuscation, thy name is Wall StreetAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-51716418682091407192015-08-07T16:49:57.776-05:002015-08-07T16:49:57.776-05:00My family had dealt with Zimmerman and later Wyatt...My family had dealt with Zimmerman and later Wyatt (they formed a "team" (not a dream, but a nightmare) for years. The days at Smith barney were ok, but when they moved to Morgan Stanley, Ridgeland with Fred Brister as manager, it was as if everything came apart. We were told by Z. that the move in Dec 2007 was for "our interest" and would produce "better results" for US. What long-time supposed friend Zimmerman never told us was the real reason for the switch - MS was paying them $3.5 million dollar up front to bring their clients (us) to MS (now Morgan Stanley could collect the fees and commissions on our accounts instead of Smith Barney). "Our interests" - a lie by Zimmerman.<br /><br /><br />The money and the complete lack of supervision by Brister and Christa Dempsey changed our former "friends". They began to gamble using investments we had no clue about, poor quality speculative stocks that they bought and sold for their personal accounts before they did for our managed accounts, Wyatt began to fall apart and Zimmerman closed his personal Wyatt-managed account while telling us to "stay the course with Steve" for our money.<br /><br /><br />The worst part was that while Morgan Stanley, Wyatt and Brister were able to milk our accounts for huge fees and commissions they were our best friends. After the huge and unnecessary and fraudulent losses when we complained they became our worst enemies and proceeded to lie about everything. Morgan Stanley knows no bounds of decency, honesty, and fair play. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-27084243750769007582015-08-07T16:15:08.354-05:002015-08-07T16:15:08.354-05:00My family had dealt with Zimmerman and later Wyatt...My family had dealt with Zimmerman and later Wyatt (they formed a "team" (not a dream, but a nightmare) for years. The days at Smith barney were ok, but when they moved to Morgan Stanley, Ridgeland with Fred Brister as manager, it was as if everything came apart. We were told by Z. that the move in Dec 2007 was for "our interest" and would produce "better results" for US. What long-time supposed friend Zimmerman never told us was the real reason for the switch - MS was paying them $3.5 million dollar up front to bring their clients (us) to MS (now Morgan Stanley could collect the fees and commissions on our accounts instead of Smith Barney). "Our interests" - a lie by Zimmerman.<br /><br /><br />The money and the complete lack of supervision by Brister and Christa Dempsey changed our former "friends". They began to gamble using investments we had no clue about, poor quality speculative stocks that they bought and sold for their personal accounts before they did for our managed accounts, Wyatt began to fall apart and Zimmerman closed his personal Wyatt-managed account while telling us to "stay the course with Steve" for our money.<br /><br /><br />The worst part was that while Morgan Stanley, Wyatt and Brister were able to milk our accounts for huge fees and commissions they were our best friends. After the huge and unnecessary and fraudulent losses when we complained they became our worst enemies and proceeded to lie about everything. Morgan Stanley knows no bounds of decency, honesty, and fair play. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-75759366657642578072015-08-06T21:49:42.212-05:002015-08-06T21:49:42.212-05:00Hosemann will show his true colors if his golfing ...Hosemann will show his true colors if his golfing buddy Fred Brister gets away with this. The "Good Ole Boy" mentality is disgusting. Dilbert, do the right thing! The loss of $50 million dollars of 150 hard working MS taxpayers should certainly be more important than a golf game. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-39682484152072056252015-08-06T16:08:56.674-05:002015-08-06T16:08:56.674-05:00I lost close to $500K with these criminals! They a...I lost close to $500K with these criminals! They are scumbags and are out for themselves only! They lie, cheat and steal! But, the fat lady "ant" sung yet!! Karma is not a lady!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-5610086341565750002015-08-06T16:03:49.057-05:002015-08-06T16:03:49.057-05:00I can say first hand there is so much corruption a...I can say first hand there is so much corruption at Morgan Stanley it is unbeliable! All of the yahoos there should be in jail. I am a former client of theirs and could (and may) write a book on them. What they didn't do wrong hasn't been thought of! Then the arbitration process is a joke! It's like the fox guarding the henhouse! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-50858513198537295902015-08-06T14:58:31.193-05:002015-08-06T14:58:31.193-05:00Morgan Stanley doesn't want to fire Brister or...Morgan Stanley doesn't want to fire Brister or Zimmerman because it will make them look guilty. Wyatt was not fired for these offenses either. He was fired because he had clients buy private equity shares in companies he owned outside Morgan Stanley. The state has yet to do anything. Apparently Delbert and Brister are golfing buddies. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-41000986073497622872015-08-06T13:50:08.692-05:002015-08-06T13:50:08.692-05:00Wyatt has been unemployed for 3 years. Lives in mo...Wyatt has been unemployed for 3 years. Lives in mother-in-law's house in NE Jackson.All around town as if nothing happened.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-92077862696716129312015-08-06T13:02:32.351-05:002015-08-06T13:02:32.351-05:00How are Brister and Zimmerman still allowed to be ...How are Brister and Zimmerman still allowed to be in the brokerage business? Do they actually have any clients?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-25103797205956658272015-08-06T12:48:26.234-05:002015-08-06T12:48:26.234-05:00One more time, where is Mr. Wyatt now? In jail?One more time, where is Mr. Wyatt now? In jail?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-12209151028094753452015-08-06T11:31:13.438-05:002015-08-06T11:31:13.438-05:00That indeed is a serious question.That indeed is a serious question.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-43714725711966079072015-08-06T10:52:04.930-05:002015-08-06T10:52:04.930-05:00So what has Delbert done?So what has Delbert done?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-541266679497153032015-08-06T10:25:31.504-05:002015-08-06T10:25:31.504-05:00As a non-stock market guy, I don't see how any...As a non-stock market guy, I don't see how anyone would trust their money to these guys and their company????Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-46636140236209599262015-08-06T09:37:26.649-05:002015-08-06T09:37:26.649-05:00Yes, 9:17, Hillary Zimmerman was a Catholic priest...Yes, 9:17, Hillary Zimmerman was a Catholic priest a long time ago.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-1545298596815862152015-08-06T09:18:11.974-05:002015-08-06T09:18:11.974-05:00Much credit to local attorneys Jud Lee and Kim Bre...Much credit to local attorneys Jud Lee and Kim Breese who originated these cases and have 20 more clients filing claims.Estimates are that there were more than 150 victims of the Ridgeland Morgan Stanley office (not to be confused with the former Smith Barney (MS bought Smith Barney in 2009) office on I-55.Losses due to these birds are in the $40-$50 million range and were primarily sustained by victims in the Metro are. Shame, Shame, Shame.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-91024157922645224532015-08-06T09:17:42.105-05:002015-08-06T09:17:42.105-05:00Wasn't that Zimmerman guy a catholic priest at...Wasn't that Zimmerman guy a catholic priest at one time?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-47652664678469857602015-08-06T09:16:15.047-05:002015-08-06T09:16:15.047-05:00Wasn't that Zimmerman guy a Catholic priest a...Wasn't that Zimmerman guy a Catholic priest at one time?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-80604453427734249362015-08-06T09:00:21.134-05:002015-08-06T09:00:21.134-05:00Where is Mr. Wyatt now?Where is Mr. Wyatt now?Anonymousnoreply@blogger.com