The allegations read: Litigation: claimant claims in 2011 and 2012, he loaned funds to the fa for his personal use, and the fa recommended that the client invest $3,350,000.00 in a musical production.
arbitration: claimant claims in 2011 and 2012, he loaned funds to the fa for his personal use, and the fa recommended that the client invest $2 million in a musical production.
complaint: (morgan stanley only): client alleges, inter alia, that he was improperly solicited by his fa,, who was also a personal friend, to provide an uncollateralized loan as well as an investment from him in a broadway show that the fa was producing. 2012 damages unspecified
