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Stanley King (UBS Financial Broker) Complaints

Stanley KingCalifornia-based Oppenheimer broker/adviser is the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Mr. King (CRD# 270120).

Stockbroker Stanley King has spent 46 years in the securities industry and has been registered with Oppenheimer & Company in Los Angeles, California since 2014. Previous registrations include UBS Financial Services in Beverly Hills, California; Citigroup Global Markets in Los Angeles, California; Lehman Brothers in New York, New York; Shearson Hayden Stone; Hayden Stone; and Shearson Hammill & Company. He is a registered broker and investment adviser with California, Connecticut, and New York.

According to his BrokerCheck report, Stanley King is the subject of three customer complaints and one pending customer complaint.

In 2014 a customer alleged stockbroker Stanley King, while employed at UBS Financial Services, executed an unauthorized sale and failed to follow instructions. The complaint settled in July 2015 for $15,000.

In 2014 a customer alleged Stanley King, while registered  with UBS Financial Services, had inside information about NQ Mobile and forced a sale against the client’s wishes. The customer is seeking unspecified damages in the pending complaint.

In 2014 Stanley King was discharged from UBS Financial Services following allegations he exercised discretion without written authorization, accepted trade orders via email, and accepted trading instructions from unauthorized third parties.

In 2009 a customer alleged Stanley King, while employed at Citigroup Global Markets, made unsuitable recommendations and engaged in unauthorized trading. The complaint settled in 2011 for $75,000.

In 2009 a customer alleged Stanley King, while employed at Citigroup Global Markets, misrepresented material facts related to an investment. The complaint settled for $12,500.

If you or someone you know has complaints regarding Stanley King, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.

All information contained in this article, made public by FINRA on March 16, 2016.