The key logo of the Swiss UBS Financial Services

Kimball Stanley Bullard of Boston Massachusetts a stockbroker formerly registered with UBS Financial Services Inc. is the subject of a customer initiated investment related arbitration claim in which the customer sought $25,000.00 in damages supported by accusations that Bullard misrepresented the fees for investment advisory services and overcharged the customer. Letter of Acceptance Waiver and Consent No. 18-00969 (Mar. 15, 2018).

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Bullard is referenced in five additional customer initiated investment related disputes containing allegations of Bullard’s misconduct while employed by UBS and Merrill Lynch, Pierce, Fenner & Smith Incorporated. Specifically, on July 20, 2001, a customer filed an investment related complaint regarding Bullard’s activities where the customer sought $18,896.00 in damages founded on accusations that Bullard failed to reasonably inform the customer about the equities selected for the customer’s investment portfolio, and failed to apprise the customer about the 12B-1 fees that would be assessed as a result of investing in mutual fund products.

On March 14, 2002, another customer filed an investment related complaint concerning Bullard’s conduct, alleging that unsuitable mutual fund, stock and over-the-counter equity recommendations had been made to the customer. Then, on May 20, 2002, a customer initiated investment related complaint involving Bullard’s conduct was settled for $11,449.48 in damages based upon allegations that Bullard misrepresented the mutual fund asset allocation that had been selected for the customer.

Moreover, on December 17, 2013, a customer filed an investment related complaint regarding Bullard’s conduct in which the customer requested $25,612.00 in damages supported by accusations that misrepresentations had been made to the customer concerning the maturity and investment rating of municipal income shares, and the customer was placed into investments which failed to conform to the customer’s objectives for investing.

Bullard’s registration with UBS Financial Services Inc. was terminated on May 27, 2015. Since May 18, 2015, Bullard has been employed by Merrill Lynch.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer

Guiliano Law Group

Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com