James Arthur Kujawski of Annapolis Maryland a stockbroker employed by UBS Financial Services Inc. has been discharged by the firm on February 20, 2018 based upon accusations that Kujawski violated the company’s policy by failing to disclose his outside investments and outside business activities.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Kujawski has been referenced in seven customer initiated investment related disputes pertaining to allegations of Kujawski’s misconduct during the time that he was employed by Prudential Securities, Inc., Morgan Stanley Smith Barney, Morgan Stanley & Co. Incorporated, Morgan Stanley DW Inc. and UBS Financial Services Inc.
For example, Kujawski was subject of a customer initiated investment related arbitration claim in which he was ordered to pay $10,000.00 in damages to a customer based on being found liable for failing to disclose investment related information to the customer, effecting unauthorized trades in the customer’s account, churning the customer’s investment portfolio, and effecting common stock transactions in the customer’s account that were not suitable for the customer. FINRA Arbitration No. 99-05273 (May 14, 2001).
On September 29, 2009, another customer initiated investment related complaint pertaining to Kujawski’s activities was settled for $40,000.00 in damages based upon accusations that Kujawski executed unsuitable non-marginable stock purchases in the customer’s investment account. On September 7, 2010, a customer initiated investment related complaint pertaining to Kujawski’s conduct was resolved for $14,000.00 in damages supported by allegations that Kujawski effected mutual fund purchases in the customer’s account that were not suitable for the customer.
Subsequently, a customer initiated investment related arbitration claim pertaining to Kujawski’s activities was settled for $12,500.00 in damages founded on accusations including: violation of regulations and industry rules; breach of fiduciary duty; misrepresentation; and negligence relating to Kujawski’s failure to inform the customer about the risk factors pertaining to eight variable annuities that had been issued to the customer by AXA. FINRA Arbitration No. 09-03464 (Mar. 14, 2012). Moreover, a customer filed an investment related civil action involving Kujawski’s conduct where the customer requested $73,444.90 in damages based upon allegations that Kujawski misrepresented his role in outside over-the-counter options transactions. Civil Action No. C-20-CV-15-001624 (July 7, 2015).
Kujawski has been registered with Ameriprise Financial Services, Inc. since March 26, 2018.
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
