Former Morgan Stanley Rep Fired for Outside Business Activities

Posted on November 13th, 2015 at 9:54 AM
Former Morgan Stanley Rep Fired for Outside Business Activities

From the Desk of Jim Eccleston at Eccleston Law LLC:

Travis Shannon, a former financial advisor with Morgan Stanley Smith Barney from September 2008

to July 2013, was fired by Morgan Stanley for undisclosed outside business activities.

Shannon also filed for bankruptcy numerous times between 2012 and 2014.

FINRA alleged that Travis Shannon sold a number of investments in three companies to his

customers. Those companies are “Aerobat Aviation, Inc.”, for which he was the CEO; “TC”, which bought and

sold used computer network equipment; “Zindigo”, which was a social commerce platform for the fashion

industry.  Travis Shannon failed to disclose the sales of these securities to his employer.

The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services.

 

Related Attorneys: James J. Eccleston

Tags: Eccleston, Eccleston Law, Eccleston Law LLC, James Eccleston, FINRA, Eccleston

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