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JOSEPH MATTHEW ZENTNER

JOSEPH MATTHEW ZENTNER is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 6100 FAIRVIEW ROAD, 9TH FLOOR, CHARLOTTE, NC, 28211.

JOSEPH MATTHEW ZENTNER has worked at UBS FINANCIAL SERVICES INC. since April 28, 2009

Disclosure History

JOSEPH MATTHEW ZENTNER has 4 Disclosure Event(s).

Date: October 29, 2007
Category: Regulatory
Initiated By: ILLINOIS
Allegations: REPSONDENT'S REGISTRATION AS A SALESPERSON IN THE STATE OF ILLINOIS IS SUBJECT TO REVOCATION PURSUANT TO SECTION 8.E.(1)(J) OF THE ILLINOIS SECURITIES LAW.
Resolution: Dismissed
Sanctions: $1,500.00 LEVIED COSTS OF INVESTIGATION Sanction Details: DISMISSED
Broker Comment: THIS REGULATORY PROCEEDING WAS BASED ENTIRELY ON THE PUBLISHED NASD REGULATORY SETTLEMENT (OCCURRENCE ITEM# 1225611) AND NOT ON ANY SEPARATE OR ADDITIONAL CONDUCT BY MR. ZENTNER. MR. ZENTNER HAS NEVER RECEIVED A CUSTOMER COMPLAINT FROM ANY ILLINOIS RESIDENT.

Date: June 06, 2007
Category: Regulatory

Date: July 21, 2003
Category: Customer Dispute
Allegations: UNSUITABILITY, OVERCONCENTRATION, MISREPRESENTATION, BREACH OF FIDUCIARY DUTY AND BREACH OF CONTRACT FROM JANUARY 1, 1997 THROUGH AUGUST 31, 2000.
Damage Amount Requested: $435,100.00
Settlement Amount: $42,000.00
Broker Comment: THIS ARBITRATION WAS BASED ON SIMILAR FACTS AND CIRCUMSTANCES AS THE 2003 CLASS ACTION CIVIL SUIT (OCCURRENCE ITEM# 1225611) AND NOT ON ANY SEPARATE CONDUCT, AND WAS BROUGHT AGAINST CITIGROUP GLOBAL MARKETS, INC. (CMGI) AND A GROUP OF FINANCIAL ADVISORS AND SUPERVISORS. MR. ZENTNER DID NOT CONTRIBUTE TO THE SETTLEMENT.

Date: February 12, 2003
Category: Customer Dispute
Allegations: BREACH OF FIDUCIARY DUTY, NEGLIGENCE, NEGLIGENT MISREPRESENTATION, BREACH OF CONTRACT, AGGRAVATED BREACH OF CONTRACT, UNFAIR AND DECEPTIVE TRADE PRACTICES, STATE RICO AND EQUITABLE ESTOPPEL PUTATIVE CLASS ACTION FROM 01/01/1997 TO 02/2003.
Settlement Amount: $17,600,000.00
Broker Comment: THIS WAS A CLASS ACTION LAWSUIT FILED IN 2003 AGAINST CITIGROUP GLOBAL MARKETS, INC. (CMGI) AND A GROUP OF FINANCIAL ADVISORS AND SUPERVISORS. THE CLAIMS PRIMARILY INVOLVED ALLEGATIONS OF INSUFFICIENT DISCLOSURES DURING THE PERIOD 1995 TO 2002 BY A GROUP OF THEN-FORMER BELLSOUTH EMPLOYEES. MR. ZENTNER WAS THE MOST JUNIOR MEMBER OF THE GROUP THAT WAS LED BY A SENIOR VICE PRESIDENT AND FORMER BRANCH MANAGER. HE PARTICIPATED WITH THIS GROUP BETWEEN 2000 AND 2002 WHILE IN THE CGMI FINANCIAL CONSULTANT TRAINING PROGRAM. MR. ZENTNER'S PRIMARY RESPONSIBILITY WAS TO PROVIDE TECHNOLOGY SUPPORT FOR THE GROUP'S ADMINISTRATION AND MARKETING EFFORTS. NONE OF THE NAMED PLAINTIFFS IN THIS MATTER WERE CLIENTS OF MR. ZENTNER AND HE HAD LITTLE DIRECT CONTACT WITH THE GROUP'S CLIENTS. MR. ZENTNER DID NOT CONTRIBUTE TO THE SETTLEMENT.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

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

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