JAMES EDWARD MALLAHAN

JAMES EDWARD MALLAHAN is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 925 4TH AVE, SEATTLE, WA, 98104.

JAMES EDWARD MALLAHAN has worked at UBS FINANCIAL SERVICES INC. since March 29, 2000

Disclosure History

JAMES EDWARD MALLAHAN has 2 Disclosure Event(s).

Date: September 12, 2005
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES UNSUITABILITY AND OVER-CONCENTRATION IN CONNECTION WITH FINANCIAL ADVISOR'S RECOMMENDATION THAT SHE INVEST WITH THREE EQUITY BASED OUTSIDE MONEY MANAGERS.
Damage Amount Requested: $155,360.00
Settlement Amount: $30,000.00

Date: March 21, 2000
Category: Employment Separation After Allegations
Firm Name: SALOMON SMITH BARNEY, INC.
Termination Type: Discharged
Allegations: TERMINATE FOR ACTIVITIES CONCERNING ACCOUNT OPENING AND OPERATION REGARDING A CHARITABLE ORGANIZATION.
Broker Comment: I CONTRIBUTED FUNDS TO A CHARITY WHOSE ACCOUNT I HANDLED. A SIMILAR AMOUNT OF MONEY WAS DEPOSITED BY THE CHARITY INTO THEIR SALOMON SMITH BARNEY ACCT. THESE FUNDS WHERE USED TO PURCHASE IPO'S FOR THE ACCOUNT OF THE CHARITY. SOLOMAN SMITH BARNEY FELT THIS WAS A VIOLATION OF THEIR INTERNAL RULES AND REGULATIONS AND INDICATED THAT I WOULD BE TERMINATED.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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