John Young: Suitability Complaint Against UBS Rep

John Young

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 21, 2019 indicate that Maryland-based UBS Financial Services broker/adviser John Young has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Young (CRD# 2626571).

John Young has spent 23 years in the securities industry and has been registered with UBS Financial Services in Bethesda, Maryland since 2009. Previous registrations include Citigroup Global Markets in Bethesda, Maryland (2006-2009) and Legg Mason Wood Walker in Baltimore, Maryland (1995-2006). He has passed seven securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 31, 1995; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 25, 1995; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 31 (Futures Managed Funds Examination), which he obtained on June 30, 2008; Series 7 (General Securities Representative Examination), which he obtained on July 19, 1995; Series 10 (General Securities Sales Supervisor – General Module Examination), which he obtained on January 3, 2000; and Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on December 3, 1999. He is a registered broker and investment adviser with 23 US states and territories: Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Jersey, New Mexico, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, and Virginia.

According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.

In January 2019 a customer alleged John Young, while employed at Legg Mason Wood Walker, allocated assets unsuitably and did not properly diversify the account or manage risks. The customer is seeking unspecified damages in the pending complaint.

In 2000 a customer alleged John Young, while employed at Legg Mason Wood Walker, did not follow instructions to purchase two securities and instead executed an unauthorized bond purchase. The customer sought more than $39,300 in damages in the complaint, which was denied.

If you or someone you know has lost money investing with John Young, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect 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.