John Coyle III: Morgan Stanley Advisor Lands $2mm Complaint - Carlson Law

This article by Chase Carlson reports on investor complaints filed against Morgan Stanley financial advisor John Coyle III regarding allegedly unsuitable investment advice.

Garden City-based financial advisor John Coyle III faces a recent investor complaint alleging he provided unsuitable investment advice while working at Morgan Stanley. The complaint, filed in May 2025, claims damages exceeding $2 million related to liquidity asset line recommendations. Despite holding 31 years of securities industry experience and serving ultra-high-net-worth families as a Family Wealth Director, Coyle's BrokerCheck record shows this is his second investor complaint since 2009.

• Recent complaint alleges $2,023,505.16 in damages from unsuitable liquidity asset line advice at Morgan Stanley
• Previous 2009 complaint involved unsuitable stock investment recommendations while at Citigroup Global Markets
• Coyle holds advanced credentials including Series 7, 65, and 63 certifications with 45 state licenses
• Specializes in serving ultra-high-net-worth families through Morgan Stanley's Founders Group practice