DID ROBERT CHARLES MUELLER CAUSE YOU INVESTMENT LOSSES?
Robert Mueller Of UBS Financial Services Has 7 Customer Complaints For Alleged Broker Misconduct
About Robert Mueller Of UBS Financial Services?
Robert Mueller (CRD #2647227) is currently employed with UBS Financial Services Inc., registered since January 14, 2009. He has previously worked with prominent firms including Morgan Stanley & Co. Incorporated and Goldman, Sachs & Co. Throughout his career, Mueller has passed three general industry/product exams and two multi-state securities law exams. He is registered with one Self-Regulatory Organization (SRO) and is licensed in one U.S. state. Mueller’s registration history reflects a substantial career in major financial hubs and a consistent affiliation with UBS Financial Services Inc. for over a decade.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Robert Mueller Customer Complaints and Reviews
- Customer Disputes (Total: 7)
- Settled Disputes (3 Incidents):
- Options Overlay Strategy: Involved allegations of unsuitability and misrepresentation concerning an options overlay strategy. Settlements were made in late 2022 with amounts varying between $512,427 to $697,080, though Mueller did not contribute to the settlements personally.
- Unauthorized Transactions and Investment Suitability: Allegations included executing unauthorized transactions and making unsuitable investment recommendations. The disputes were settled with significant amounts up to $1.7 million, related to auction rate securities.
- Settled Disputes (3 Incidents):
- Closed-No Action/Dismissed/Withdrawn Disputes (2 Incidents):
- Failure to Follow Instructions: Allegations that Mueller failed to execute a client’s instructions regarding hedge fund share redemption. This was settled for $25,000.
- Options Overlay Strategy Risks: A client complained that the strategy was too risky; however, this dispute was closed with no action taken.
Allegations Against Robert Mueller
- Allegations in Settled Customer Disputes:
- Misrepresentation and Unsuitability: Multiple claims involved Mueller allegedly recommending unsuitable investment strategies that led to financial losses for clients.
- Unauthorized Transactions: Allegations of executing transactions without proper authorization from the clients.
- Allegations in Closed-No Action/Dismissed/Withdrawn Disputes:
- Failure to Follow Client Instructions: Specific claim related to not properly executing a redemption order, which Mueller attributed to a clerical error.
- Excessive Risk: Claims that the investment strategies employed were not aligned with the client’s risk tolerance, which were ultimately dismissed.
Robert Mueller Red Flags & Your Rights As An Investor
Of course, Robert Mueller did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Robert Mueller at UBS Financial Services on alert to review carefully the activity and performance of their accounts and question whether Robert Mueller has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At UBS Financial Services Due To Robert Mueller
If you have questions about UBS Financial Services and/or Robert Mueller and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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