JOSEPH ANDREW HAYNES

JOSEPH ANDREW HAYNES is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 61 SOUTH PARAMUS ROAD, MACK CENTER IV, PARAMUS, NJ, 07652.

JOSEPH ANDREW HAYNES has worked at UBS FINANCIAL SERVICES INC. since October 09, 1998

Disclosure History

JOSEPH ANDREW HAYNES has 1 Disclosure Event(s).

Date: November 06, 2009
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES OVER-CONCENTRATION OF HER ACCOUNTS IN EQUITIES AND THAT HER FINANCIAL ADVISOR REFUSED TO FOLLOW HER INSTRUCTION TO SELL ALL HER EQUITIES AND PLACE THE PROCEEDS IN CERTIFICATES OF DEPOSITS.TIME FRAME:FALL/WINTER 2008
Damage Amount Requested: $5,000.00
Settlement Amount: $14,995.00
Broker Comment: I WOULD HAVE LIKED THE OPPORTUNITY TO VIGOROUSLY DEFEND MYSELF IN THE ARBITRATION, BUT UBS UNILATERALLY DECIDED TO SETTLE THIS BASELESS MATTER FOR NUISANCE VALUE TO AVOID FURTHER COSTS OF LITIGATION. I WAS NOT ASKED TO CONTRIBUTE, NOR WOULD I EVER CONSIDER CONTRIBUTING, TO THE SETTLEMENT OF THIS MATTER. AT ALL TIMES, I PROPERLY DISCHARGED ALL OF MY DUTIES. IN FACT, CLAIMANT NOW ACKNOWLEDGES THAT SHE NEVER GAVE ME ANY ORDER TO SELL OR LIQUIDATE ANY SPECIFIC SECURITIES, WHICH IS CONTRARY TO HER INITIAL CLAIMS.

More Information

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