I worked for Morgan Stanley for just over 2 years. I quit working for them in April 1999 and started trading for a prop firm. This pass weekend I received an amened U-5 from Morgan Stanley. It turns out they say a client of mine complained " that all agreements with Morgan Stanley are null and void. Customer further claimed that investments made were unsuitable. Alleged damages unspecified, but believed to be approx $20,000." The complaint was received by Morgan Stanley 09/29/2005. Morgan Stanley settled the complaint on 12/02/2005 in the amount of $15,000. It has been 5 1/2 years since I left and they just now get a complaint. What about the broker that took the account after I left, shouldn't they have dealt with the client? How can I be responsible for this guy losing $20K, I left so long ago. My first problem is now I have to answer yes when I answer questions for my U-4 and it will delay my registration. Morgan Stanley never contacted me about this, or asked me for a statement. They have not presented me with any evidence as to my guilt. I have no recollection of this client so I can not recall the investments or anything about him. What is my recourse in this situation if anything. Can I get any information from Morgan Stanley about this, or is there any way to clear my name? Would it be worth it to hire a lawyer to deal with this for me, or should I just let it go and forget about it? Any thoughts?