James Parker Scullin recently entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). Scullin is accused of placing an unauthorized trade in a customer’s account. This is against securities rules and regulations. At the time, Scullin was registered with UBS. On September 12, 2014, he placed a trade in the amount of over $5,000,000 without informing the two individuals with authority to place trades in the account or seeking their authorization. When asked about the trade, Scullin then denied it. For this, he was suspended from the industry for nine months and fined $15,000. If you suffered losses with James Parker Scullin, you may be able to recover them by suing UBS in the FINRA arbitration process. We sue firms such as UBS on a contingency fee basis for investors.
Scullin was registered with Moseley Securities Corp from October 1986 until March 1998, and UBS in Coral Gables, Florida from June 2011 until November 2014. He is not currently registered with any firm. He has one pending customer dispute against him.
Disclaimer
The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.
