Florida advisor Ami Forte has called out Morgan Stanley, her former employer, for entangling her in an ongoing dispute over excessive trading in the accounts of Home Shopping Network founder Roy M. Speer.

After her former branch manager was barred from the brokerage industry on Tuesday, Forte denied churning Speer’s accounts and questioned Morgan Stanley and Finra’s motives in the case.

Forte, formerly a representative in Morgan Stanley’s Palm Harbor, Fla., branch, was identified as “AF” in a Finra filing alleging that her former supervisor, Terry Lee McCoy, failed to supervise trading within Speer’s accounts as the client’s mental status declined.

For her part, Forte says she neither executed nor had knowledge of some 2,000 trades over a nine-month period from September 2011 to July 2012, which generated $9 million in commissions for Morgan Stanley. Speer, 79 years old at the time, died in August 2012 after struggling with dementia.

“I engaged in no wrongdoing of any kind and neither entered nor directed any of the trades that Finra has deemed inappropriate. Morgan Stanley has led a campaign to tarnish my reputation for the misconduct of others in its employ, and I deeply resent and reject the allegations that have been made against me,” said Forte in a released comment.

On Tuesday, Finra published a letter of Acceptance, Waiver and Consent barring McCoy from associating with any Finra member and levying a $75,000 fine without admitting or denying the charges. Finra’s filing states that Forte “directed another registered representative” to conduct the trades. That’s a false statement, according to Robert J. Pearl of the Naples, Fla.-based Pearl Law Firm.

Pearl says the trades were executed by another Morgan Stanley advisor, which Finra identifies as “CL,” also known as Charles Lawrence, another representative in the Palm Harbor office.

“She was not directing the trading by Chuck Lawrence,” said Pearl. “I don’t know why Finra would agree to something like this because they know that Ami was not trading in these accounts.”

Finra’s filing indicates that Lawrence placed trades immediately following the receipt of recommendations from Morgan Stanley’s trading desk without taking the time to consult with Speer. In a Tuesday press release on behalf of Forte, Pearl argues that Lawrence would not have had time to consult with Forte, either, and she should never have been identified in the Finra filing.

According to Pearl, Speer engaged Morgan Stanley to run highly active strategies, frequently trading within his accounts.

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