Michael Hamilton Facing UBS Clients’ Complaints About Suitability

Some investors have potentially experienced damages because of securities broker Michael Harvey Hamilton [CRD: 2263524, Leawood, Kansas], according to investor dispute disclosures on the Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Hamilton has worked for UBS Financial Services Inc. since April 25, 2008. Continue reading to learn more about Hamilton's disclosures.

UBS Financial Services Inc. Investor Accused Hamilton Of Unsuitable Recommendations

Particularly, a UBS Financial Services Inc. client filed FINRA Arbitration No. 22-00733 about Michael Hamilton. Specifically, the client alleged that Hamilton failed to get him out of his unsuitable assets as instructed. Because of this, the client allegedly sustained damages. Therefore, on August 28, 2023, UBS Financial Services Inc. settled this matter by paying the client $12,704.83 in damages.

Michael Hamilton Disclosed Misrepresentation Allegations By UBS Financial Services Inc. Client

Particularly, a client of UBS Financial Services Inc. contested Michael Hamilton’s sales practices, according to a complaint dated June 8, 2012. Specifically, Hamilton allegedly failed to disclose an adverse report about the ratings of their investments. It appears that Hamilton allegedly caused the client to sustain damages on structured products. Therefore, the client sought compensation from UBS Financial Services Inc. or Hamilton in the amount of $100,000 in this matter. However, this complaint was denied on June 29, 2012.

Salomon Smith Barney Inc. Investor Accused Hamilton Of Negligence

Particularly, a client filed a complaint about Michael Hamilton while he was with Salomon Smith Barney Inc. Specifically, the client alleged that Hamilton did not give her advice in a declining market. Because of this, the client allegedly sustained $200,000 in damages on stocks. Therefore, on July 24, 2001, Salomon Smith Barney Inc. settled this matter by paying the client $27,000 in damages, with Hamilton contributing $17,000 to the settlement.

Did You Sustain Losses Because Of Michael Hamilton?

Did you experience damages because of securities broker / financial advisor Michael Hamilton? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Hamilton and brokerage firms he worked for deny accusations of sales practice violations.