MICHAEL PATRICK ROCHE is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 8235 HOLLY ROAD, SUITE 4, GRAND BLANC, MI, 48439.
MICHAEL PATRICK ROCHE has worked at UBS FINANCIAL SERVICES INC. since July 01, 2005
MICHAEL PATRICK ROCHE has 7 Disclosure Event(s).
Date: September 20, 2002 Category: Customer Dispute Allegations: UNAUTHORIZED PURCHASE. NO SPECIFIC DAMAGES ALLEGED. Broker Comment: PENDING
Date: May 25, 2001 Category: Customer Dispute Allegations: THE CLIENTS ALLEGE THAT MR. ROCHE SOLD THE ML SENIOR FLOATING RATE FUND AND PURCHASED THE NORTHSTAR EQUITY FUND, ON MARGIN, WITHOUT AUTHORIZATION, IN APRIL 1998. Damage Amount Requested: $27,726.00 Settlement Amount: $4,700.00 Broker Comment: PLEASE ARCHIVE. ...FILED MORE THAN 24 MONTHS AGO AND DID NOT RESULT IN A SETTLEMENT OF $10,000 OR MORE. FOR BUSINESS REASONS HAVING NOTHING TO DO WITH THE MERITS OF THE COMPLAINT, MERRILL LYNCH REIMBURSED THE INTEREST CHARGES. NO FURTHER ACTION WAS TAKEN.
Date: May 25, 2001 Category: Customer Dispute Allegations: THE CLIENTS ALLEGE THAT MR. ROCHE SOLD THE ML SENIOR FLOATING RATE FUND AND PURCHASED THE NORTHSTAR EQUITY FUND, ON MARGIN, WITHOUT AUTHORIZATION, IN APRIL 1998. Damage Amount Requested: $27,726.00 Settlement Amount: $4,700.00 Broker Comment: DRP WAS FILED IN ERROR. DUPLICATE FILING. PLEASE SEE OCCURRENCE #1017018.
Date: November 14, 2000 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THAT INVESTMENT IN HIGH YIELD BOND FUND WAS UNSUITABLE Damage Amount Requested: $13,765.00
Date: June 02, 1997 Category: Customer Dispute Allegations: [CUSTOMER] CLAIMED LOSSES OF $37,412.18 AS ARESULT OF ALLEGED FAILURE TO DISCLOSE THE RISKS OF ANINVESTMENT,FAILURE TO TIMELY FUNDS, AN UNAUTHORIZED MUTUAL FUNDPURCHASE AND DAMAGES FOR THE ALLEGED TIME AND MONEY TO"UNTANGLE" THESE MATTERS. Damage Amount Requested: $37,412.18 Broker Comment: THIS MATTER WAS SETTLED TO AVOID THE COSTS ANDUNCERTAINTIES OF LITIGATION BY ALLOWING [CUSTOMER] TO LIQUIDATECERTAIN INVESTMENTS IN CERTAIN ACCOUNTS ON A COMMISSION FREEBASIS. THIS MATTER IS CLOSED.NOT PROVIDED
Date: December 18, 1990 Category: Regulatory
Date: January 11, 1989 Category: Customer Dispute Allegations: BASED ON PRIOR CONVERSATION WITH CLIENT, I CANONLY SURMISE THE FOLLOWING: CLIENT INVESTED IN CRI LIMITEDPARTNERSHIP UNDER THE ASSUMPTION THAT LIQUIDITY WOULD BEAVAILABLE ONCE UNITS BEGAN TRADING IN NOVEMBER. CRI CONTINUALLYDELAYED THIS AND CLIENT FELT HE INVESTED FUNDS IN AN INVESTMENTTHAT DID NOT PROVIDE LIQUIDITY ON THE EVENT OF EMERGENCY.UNKNOWN TO ME Damage Amount Requested: $20,000.00 Settlement Amount: $20,000.00 Broker Comment: TO REITERATE MY ANSWER TO #7 ABOVE. WHEN CLIENTAND I DISCUSSED HIS INVESTMENT IN CRI - CHAMPS - PROGRAM WE BOTHWERE TAKING CRI AND THOMSON MCKINNON ASSERTIONS AT FACE VALUE.IN DECEMBER, 1988 CLIENT REQUESTED FUNDS BACK (ACTUALLY, APORTION) FROM INVESTMENT. AFTER SOME MANEUVERING I GOT CLIENTAPPROXIMATELY $4700.00 BACK OF THEIR 20,000 INVESTMENT. THIS WASIN EXCESS OF WHAT THEY REQUESTED AND REPRESENTED 5 M LESSCOMMISSIONS. FUTURE CONVERSATION WITH CLIENT FAILED TO REVEALANY FORMAL OR INFORMAL COMPLAINT. TO DATE, THIS IS THE ONLYNOTIFICATION I'VE RECEIVED.SEE INCIDENT NUMBER ONE (1) FOR U-5 AND MORE DETAILS.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
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.
To view the full report for MICHAEL PATRICK ROCHE, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More