Investors apparently complained about securities broker Joseph Ward (also known as Joe Ward) [CRD: 7384642, West Hartford, Connecticut], according to public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ward worked for UBS Financial Services Inc. from May 5, 2023, to January 25, 2024, and later joined Northwestern Mutual Investment Services LLC on June 14, 2024 (broker) and June 21, 2024 (financial advisor). See the following information for a better understanding about the disclosures involving this securities broker.
Joe Ward Disclosed Sales Practice Violations Allegations By UBS Financial Services Inc. Client
Specifically, a client of UBS Financial Services Inc. contested Ward’s sales practices, according to a complaint. Allegedly, Ward failed to follow instructions by not acting on directions related to tendering shares in a stock option account. It appears that Ward allegedly caused the client to suffer damages. Consequently, UBS Financial Services Inc. opted to settle the matter on October 14, 2024, by compensating the client in the amount of $59,760.26.
UBS Financial Services Inc. Investor Accused Joseph Ward Of Failure To Follow Instructions
Particularly, a client filed a complaint about Joseph Ward. Mainly, the client alleged that Ward failed to follow instructions by selling stocks instead of exchanging them for different securities. Because of this, the investor allegedly sustained damages associated with over-the-counter equities. As a result, on February 29, 2024, UBS Financial Services Inc. settled this matter by paying the client $35,000 in damages.
Did you experience losses because of Joseph Ward? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the US. Also, the firm works on a contingency fee arrangement and advances all costs. Ward and brokerage firms Ward worked for deny any allegations of sales practice violations.
