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UBS broker Bradley Ross: Complaints

The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Florida-based UBS broker/adviser Bradley Ross (CRD# 1325524).

Bradley Ross has spent thirty years in the securities industry and has been registered with UBS Financial Services in Fort Lauderdale, Florida since 2011. Previous registrations include Raymond James & Associates in Fort Lauderdale (2006-2011); Janney Montgomery Scott in Fort Lauderdale (1999-2006); Gruntal & Company in New York, New York (1997-1999); Coburn & Meredith in Simsbury, Connecticut (1995-1997); First Montauk Securities in Red Bank, New Jersey (1995); Meridian, Dunhill & Company (1994-1995); Dunhill Equities in Garden City, New Jersey (1992-1994); Prudential Securities in New York, New York (1990-1992); Legg Mason Wood Walker in Baltimore, Maryland (1989-1990); and Dean Witter Reynolds (1985-1990). Mr. Ross is a broker and investment adviser registered in 26 US states and territories.

According to his BrokerCheck report, Bradley Ross is the subject of two customer complaints and two pending customer complains.

In 2015 a customer alleged Bradley Ross, while employed at UBS Financial Services, recommended unsuitable investments and over-concentrated their account. The customer is seeking $400,000 in damages in the pending complaint.

In 2014 a customer alleged Bradley Ross, while employed at UBS Financial Services, recommended over-concentration in precious metal investments. The customer is seeking $1,057,225 in damages in the pending complaint.

In 1999 a customer alleged Bradley Ross, while employed at Gruntal & Company, delayed the conversion of 3,000 warrants, resulting in a loss of profits for the customer. The complaint settled in 2000 for $15,000.

In 1999 a customer alleged Bradley Ross, while employed at Coburn & Meredith, mismanaged her account and made unsuitable investments. The complaint settled in 2001 for $5,999.

FINRA rules and federal securities law state that brokers and investment advisers like Bradley Ross have a fiduciary duty to recommend only investments that are suitable for their clients. They must consider factors such as the client’s investment experience, objectives, income, age, risk tolerance, and net worth. Brokerage firms like UBS Financial Services have a supervisory duty to ensure that their registered representatives comply with these regulations. Brokers and firms who violate applicable rules and regulations may be subject to disciplinary action by FINRA or the SEC.

If you have lost money investing with Bradley Ross or UBS Financial Services, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover money.  Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.