Levi B. Robinson of Anchorage Alaska a stockbroker currently registered with UBS Financial Services Inc. has been referenced in a customer initiated investment related written complaint which was settled for $125,000.00 in damages on December 6, 2018 founded on accusations of misrepresentations by the stockbroker in regard to hedging and selling a customer’s investments. According to the complaint, the stockbroker executed unauthorized trades of call and put options while he was associated with UBS Financial Services. The claim also alleges that Robinson was told not to exercise options during a blackout period but he did not follow those instructions.
This is not the first time that Robinson has been involved in a customer’s dispute alleging harmful actions. Financial Industry Regulatory Authority (FINRA) Public Disclosure also confirms that Robinson is the subject of a customer initiated investment related written complaint which was resolved for $350,000.00 in damages supported by allegations of the customer sustaining losses on auction rate securities transactions that Robinson effected while registered with UBS Financial Services.
Robinson has been registered with UBS Financial Services as a stockbroker and investment adviser representative since May 18, 2005.