BRADLEY KEVIN ANDERSON

BRADLEY KEVIN ANDERSON is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 5285 SW MEADOWS RD, SUITE 270, LAKE OSWEGO, OR, 97035-3229.

BRADLEY KEVIN ANDERSON has worked at UBS FINANCIAL SERVICES INC. since June 18, 2012

Disclosure History

BRADLEY KEVIN ANDERSON has 1 Disclosure Event(s).

Date: August 17, 1987
Category: Customer Dispute
Damage Amount Requested: $36,000.00 Damages Granted: $20,000.00
Broker Comment: CUSTOMERS, [CUSTOMERS], MOVED FROM CALIFORNIA TO OREGON AND THEIR PORTFOLIOWAS CHANGED FROM CALIFORNIA BONDS TO OREGON BONDS TO REDUCETHEIR TAX LIABILITY. THEY CLAIMED THAT THE BONDS WEREREPRESENTED AS HAVING A FACE VALUE AND CALLABLE AT ONLY$100,000, WHEN, IN FACT, SOME WERE ORIGINAL DISCOUNT BONDS.AT THE TIME OF THE PURCHASE, THE INFORMATION THAT THEY WEREORIGINAL ISSUE DISCOUNT BONDS WAS NOT GIVEN TO THE BROKER(BRADLEY ANDERSON) THROUGH THE SYSTEM. THEREFORE, MR. ANDERSONWAS ALSO UNAWARE OF THAT FACT WHEN HE WAS CHANGING THEIRPORTFOLIO. AFTER THE [CUSTOMERS] AND MERRILL LYNCH DISCUSSED THEMATTER, NO AGREEABLE SETTLEMENT WAS REACHED. ON AUGUST 17, 1987THE [CUSTOMERS] WROTE A LETTER OF COMPLAINT TO THE MUNICIPALSECURITIES RULEMAKING BOARD AND, SUBSEQUENTLY, FILED FORARBITRATION ALLEGING $36,000 IN DAMAGES. ALTHOUGH MERRILL LYNCHDEFENDED MR. ANDERSON'S AQCTIONS, AS WELL AS THEIR OWN, THEMSRB'S ARBITRATORS RULED MERRILL LYNCH LIABLE AND AWARDED THECLAIMANTS $20,000. HOWEVER, ALL CLAIMS AGAINST BRADLEY K.ANDERSON WERE DISMISSED AND MERRILL LYNCH DID NOT ASK HIM TOCONTRIBUTE TO THIS AMOUNT, AS THE FIRM BELIEVED, AS DID THE MSRBARBITRATORS, THAT HE DID NOT ACT IMPROPERLY. THE MSRB'S DECISIONWAS HANDED DOWN ON FEBRUARY 22, 1988.

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