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Beneficiaries Allege Kevin Cook Engaged in Elder Abuse

Kevin Cook (CRD #: 3159487), a broker registered with Morgan Stanley, was the subject of a recent investor dispute, according to his BrokerCheck record, accessed on February 3, 2023. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On October 6, 2022, several beneficiaries alleged that Kevin Cook engaged in elder abuse by taking client assets without oversight between December 1, 2015, and August 12, 2022. They sought $375,000 in damages but the dispute was denied by the firm.

However, investors should know that firms don’t need to allow an outside review before denying a dispute. Investors can still pursue FINRA arbitration after a denial and may be able to recover their losses.

FINRA Rule 2165

FINRA Rule 2165 prohibits the financial exploitation of elderly clients and clients with certain mental or physical impairments.

FINRA Rule 2150

FINRA Rule 2150 forbids brokers from misusing investors’ funds.

Background Information

Kevin Cook has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Kevin Cook is a registered broker in 18 states and a registered investment adviser in Louisiana and Texas.

He has also worked for UBS Financial Services (CRD#:8174) and Edward Jones (CRD#:250).

Kurta Law Can Help

If you worked with Kevin Cook and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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