ROBERT ROPER FAULKNER is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 500 EXCHANGE STREET, SUITE 1210, PROVIDENCE, RI, 02903.
ROBERT ROPER FAULKNER has worked at UBS FINANCIAL SERVICES INC. since January 28, 1995
Disclosure History
ROBERT ROPER FAULKNER has 3 Disclosure Event(s).
Date: February 23, 2011 Category: Customer Dispute Allegations: THE CLIENT VERBALLY ALLEGES FINANCIAL ADVISOR FAILED TO FOLLOW INSTRUCTIONS BY SELLING THE INCORRECT OPTION. TIME FRAME: NOVEMBER 23, 2010 - FEBRUARY 23, 2011. Damage Amount Requested: $17,682.79 Settlement Amount: $17,682.79
Date: March 17, 1986 Category: Customer Dispute Allegations: ACCOUNT RELATED-BREACH OF CONTRACTACCOUNT-RELATED-NEGLIGENCE. BREACH OF FIDUCIARY DUTY.MISREPRESENTATION. OTHER-CONVERSION; FORGERY COMPLAINTOCCURED AT KIDDER PEABODY Settlement Amount: $16,000.00 Broker Comment: SETTLED FOR $16,000.CLIENT IMPRUDENTLY EMPLOYED A STOCK FINDERCOMPANY TO LOCATE AN INTEL STOCK DIVIDEND FOR WHICH HIS ACCOUNTWAS CHARGED. BECAUSE THE STOCK WAS VALUED SIGNIFICANTLY HIGHERDUE TO MARKET APPRECIATION THAN THE VALUE AT THE TIME IT WASSOLD 3 YEARS PRIOR, CLIENT WAS UPSET ABOUT THE LARGE RECOVERYFEE AND REFUSED TO PAY, BLAMING ME, KIDDER PEABODY, THE STOCKFINDER COMPANY, AS WELL AS INTEL. HE FILED COMPLIANTS AGAINSTEVERYONE. AFTER APPROXIMATELY 3 YEARS OF FUTILE EXPLANATION,AND NEARLY 1 YEAR OF LITIGATION, TO AVOID FURTHER EXPENSE,KIDDER PEABODY SETTLED THE CLAIM.
Date: August 01, 1982 Category: Customer Dispute Allegations: EXECUTIONS-FAILURE TO EXECUTE COMPLAINTOCCURRED AT KIDDER PEABODY. Settlement Amount: $11,000.00 Broker Comment: SETTLED FOR $11,000CLIENT PLACED GOOD-TIL-CANCELLED ORDER FORTREASURY BONDS, WHICH GENERALLY ACCEPTED ON AN EXCEPTION BASISONLY, WAS ACCEPTED BY ME AND THE KIDDER TRADER. THIS WAS DONEIN ORDER TO ACCOMODATE A VERY GOOD CLIENT. ALTHOUGH THE TRADERAND I DISCUSSED THE ORDER TERMS, THE ORDER WAS INADVERTENTLYENTERED FOR THE DAY ONLY, AND THUS EXPIRED. I ASSUMED THEORDER WAS STILL IN, AND THAT THE TRADER WAS FOLLOWING IT. WHENTHE ERROR WAS DISCOVERED, THE BONDS WERE PURCHASED AT A HIGHERPRICE, AND THE CLIENT WAS PAID THE DIFFERENCE. I FOLLOWED ALLAPPROPRIATE FIRM POLICIES AND PROCEDURES. THE FAILURE TOEXECUTE WAS A TRADING DESK ERROR, AND THAT IS WHY I WAS NOTASKED TO PAY ANY PORTION OF THE SETTLEMENT.
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