Award

25-00096 Carlos Filho v. Morgan Stanley, Morgan Stanley Smith Barney Financing LL

FINRA Dispute Resolution Services · Securities (FINRA) · United States · May 16, 2025

Why it matters

Carlos Filho v. Morgan Stanley, Morgan Stanley Smith Barney Financing LL, decided in FINRA arbitration. In this case a customer or associated person brought a claim against Morgan Stanley, Morgan Stanley Smith Barney Financing LL. For a student, it shows how FINRA arbitration works: the binding, largely private forum where the great majority of US securities disputes are resolved instead of the courts, with awards enforceable in court and open to challenge only on narrow grounds.

Summary

Carlos Filho v. Morgan Stanley, Morgan Stanley Smith Barney Financing LL: a FINRA arbitration award (case 25-00096), 05/18/2026. The panel's decision is set out in the award.

The detail

Parties: Carlos Filho v. Morgan Stanley, Morgan Stanley Smith Barney Financing LL

Case number: FINRA Case No. 25-00096

Outcome: Claim refused in full.

Applicable law: FINRA Code of Arbitration Procedure; United States securities law; the parties' brokerage agreement.

Issues in play: An investor's or an industry member's claim, decided in FINRA's arbitration forum rather than the courts.

Read the full decision at FINRA Arbitration Awards Online

Locus Standi links to the source decision and publishes its own plain-language summary. It does not reproduce the text of the award.

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