Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 28, 2017 indicate that New Jersey-based Benjamin F. Edwards & Company broker/adviser Peter Budd, also known as Jay Budd, has received customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Budd (CRD# 1337006).
Peter Budd has spent 32 years in the securities industry and has been registered with Benjamin F. Edwards & Company in Morristown, New Jersey since 2013. Previous registrations include UBS Financial Services in New York, New York; Bear Stearns & Company in New York, New York; Laidlaw Equities in New York, New York; Mercer Securities; Edward C. Rorer & Company in Philadelphia, Pennsylvania; the Pennsylvania Group in Vero Beach, Florida; DWE Capital Markets; TJ Sullivan & Company; Phillips Appel & Walden; SD Cohn & Company; and Russell & Company. He is a registered broker and investment adviser with 32 US states and territories.
According to his BrokerCheck report, he has received two customer complaints and was discharged from a former employer in connection to alleged rule violations.
In 2013 he was terminated from his position at UBS Financial Services “because management lost confidence in his ability to perform the responsibilities of his position for reasons including an internal review that found violations of firm policies on order entry, communications with clients, the reporting of a client complaint and cross-border business.”
In 2002 a customer alleged Peter Budd, while employed at Bear Stearns & Company, misrepresented material facts, over-leveraged the account, and over-concentrated the account in speculative securities. The complaint settled for $14,999.
In 1993 a customer alleged Peter Budd misrepresented material facts, breached contract, breached his fiduciary duty, committed fraud, and acted negligently. The complaint settled in 1994 for $36,500.
If you or someone you know has lost money investing with Peter Budd, also known as Jay Budd, 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.