Skip to main content

Exit WCAG Theme

Switch to Non-ADA Website

Accessibility Options

Select Text Sizes

Select Text Color

Website Accessibility Information Close Options
Close Menu
Carlson Law, P.A. Motto
  • Free Consultation
  • ~

Luis Rafael Bonilla: Morgan Stanley Advisor Has Six Customer Complaints

Luis Rafael Bonilla, a financial advisor in Morgan Stanley’s Miami office, has six customer complaints reported on his regulatory report.

The latest complaint against Luis Bonilla was received on March 28, 2018. The customer, who made a written complaint, alleged unsuitability with respect to purchases of corporate bonds. The complaint was ultimately denied by the firm, meaning no compensation was paid to the customer.

On or around March 26, 2015, Luis Rafael Bonilla was named in another complaint, which came in the form of a FINRA arbitration against Morgan Stanley. The customer alleged that Exchange Traded investments made in her account were not suitable, and that she lost $1 million. The claim was ultimately settled for $150,000.

Between June of 2002 and January of 2003, Bonilla received four customer complaints. One customer complained of unsuitable mutual funds that were misrepresented. That claim was denied by the firm. Another customer, from Colombia, complained about a Conseco, Inc. bond. That complaint was also denied by the firm. A third customer, a resident of Germany, complained of bonds, saying that she was a conservative investor, but was led to invest in aggressive bonds. That complaint was denied by the firm. The fourth customer complained of $125,000 in losses relating to unsuitable high yield bonds. That claim settled for $45,000.

Bonilla joined Morgan Stanley in March of 2010. Prior to his employment with Morgan Stanley, Bonilla was employed with Wells Fargo Advisors from 2000 to 2010. He was first licensed in 1995 with Bersec International Corporation and also worked for First Union Brokerage Services, Inc.

If you lost money due to unsuitable investments, please call us at 888-976-6111 for a free consultation.

Facebook Twitter LinkedIn

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Latest Blog Posts

Brian Marston: $1.7MM Real Estate Complaint Against Woodbury Rep

Greenwood Village, Colorado stockbroker and investment adviser Brian Marston (CRD# 733083) is involved in pending investor disputes. According to the Financial Industry Regulatory Authority, Marston is currently a representative of...

Read More

$3MM Complaint Against Elm Grove Rep Timothy Bartelt

Raymond James stockbroker Timothy Bartelt (CRD# 2501532) is the subject of an investor complaint alleging $3 million in damages. According to the Financial Industry Regulatory Authority, Bartelt is based in...

Read More

Michael Shillin: SEC Files SpaceX Charges Against Ex-AGP Rep

Former Altoona stockbroker and investment adviser Michael Shillin (CRD# 5927156) has been named in charges by the Securities and Exchange Commission alleging he deceived his investors. According to the Financial...

Read More

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Skip footer and go back to main navigation