Award

25-02472 Morgan Stanley v. Caroline Roberts

FINRA Dispute Resolution Services · Securities (FINRA) · United States · November 4, 2022

Why it matters

Morgan Stanley v. Caroline Roberts, decided in FINRA arbitration. In this case Morgan Stanley, a member firm, brought a claim against an individual (often a former employee or registered representative). 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

Morgan Stanley v. Caroline Roberts: a FINRA arbitration award (case 25-02472), 04/27/2026. The panel's decision is set out in the award.

The detail

Parties: Morgan Stanley v. Caroline Roberts

Case number: FINRA Case No. 25-02472

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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