Ronald Suttle McGrath is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 1985 EASTWOOD ROAD, WILMINGTON, NC, 28403.
Ronald Suttle McGrath has worked at UBS FINANCIAL SERVICES INC. since October 06, 2017
Disclosure History
Ronald Suttle McGrath has 1 Disclosure Event(s).
Date: September 01, 1985 Category: Customer Dispute Allegations: CLIENTS ALLEGED CHURNING AND LOSSES OF$100,000.00 AGAINST FORMER SMITH BARNEY EXECUTIVES AND SMITHBARNEY. THE [CUSTOMERS] CLAIMED MCGRATH NEGLIGENTLY SUPERVISED THETHE TWO ACCOUNT EXECUTIVES. Damage Amount Requested: $100,000.00 Settlement Amount: $25,000.00 Broker Comment: RESPONDENTS DENIED ALLEGATIONS. HOWEVER, SMITHBARNEY SETTLED FOR $25,000.00 ALL PAID FOR BY SMITH BARNEY.THIS FILING IS BEING MADE AT THE REQUEST OF THENASD AND IS REQUIRED DUE TO CHANGES IN THE FORM OF THEQUESTIONS ON FORM U4 AFTER ALMOST 12 YEARS. AT THIE TIME THISMATTER OCCURRED I WAS NOT A PARTY TO THE ACTUAL COMPLAINT BYTHE [CUSTOMERS] NOR DID I EVER EFFECT ANY TRANSACTIONS FOR THEM ORADVISE THEM OF THEIR INVESTMENTS. SMITH BARNEY SETTLED THISCOMPLAINT AND I WAS DISMISSED FROM ALL CLAIMS. I WAS NOT ASKEDTO NOR DID I CONTRIBUTE IN ANY WAY FINANCIALLY TOWARD THISSETTLEMENT.
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