James C. Kelly, of Chicago, Illinois, a stockbroker associated with UBS Financial Services, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $2,250,000.00 in damages based upon allegations that Kelly made unsuitable recommendations and made misrepresentations of material fact during the time that Kelly was associated with UBS Financial Services. FINRA Arbitration No. 20-01253 (November 1, 2021).
FINRA Public Disclosure shows that Kelly was also referenced in another customer initiated investment related FINRA securities arbitration claim that was settled for $110,000.00 in damages based upon allegations that Kelly made misrepresentations and unsuitable recommendations to customer while at UBS Financial Services. FINRA Arbitration No. 20-00283 (October 18, 2021).
Additionally, a customer initiated investment related FINRA securities arbitration claim involving Kelly’s conduct was settled for $225,000.00 in damages based upon alleged unsuitable trading and misrepresentation when Kelly was associated with UBS Financial Services. FINRA Arbitration No. 20-01059 (December 28, 2021).
Kelly has been associated with UBS Financial Services in Chicago, Illinois and Madison, Wisconsin since March 11, 2016.
