Oregon court moves swiftly to curb advisor who joined UBS from calling on clients he allegedly inherited from a retiring Morgan Staley broker.
UBS and two North Carolina brokers with 59 years of experience found liable for some of investors’ claims and lose expungement bid, but win exoneration on fraud claims.
Duo in New Jersey were managing $350 million at the wirehouse where they worked for a decade.
Most popular stories from June 23 to June 29.
Advisor managing $1 billion when he was unexpectedly discharged in April has set up independent advisory firm in Ohio using Dynasty operational and Schwab custodial services.
Atlanta-based Bruce D. Smith creates Sports Advisory Group after his wirehouse “Sports Consulting Group” practice dissolves.
Finra arbitrators clear discharge notice from Virginia broker’s regulatory record after he and UBS settle firm’s claim for $811,000 balance on his promissory notes.