There are options for customers of former UBS Financial Services Inc. broker Robert Mueller (CRD# 2647227) regarding unsuitable investment recommendations. He was registered UBS Financial Services Inc. in Houston, Texas, from 2009 to 2024.
Robert Mueller Customer Complaints
He has been the subject of seven customer complaints between 2008 and 2022, two of which were denied, according to his CRD report. The most recent complaints are regarding:
November 2022. “Time frame: In or about late 2016 Allegations: Claimants’ counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.” The customer sought $1,580,000 in damages, and the case was settled for $670,329. The complaint was regarding an in-house wrap fee, and it took place while he was registered with UBS Financial Services Inc.
October 2022. “Time frame: In or about late 2016 Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.” The customer sought $1,194,000 in damages, and the case was settled for $512,427. The complaint was regarding an in-house wrap fee, and it took place while he was registered with UBS Financial Services Inc
October 2022. “Time frame: In or about late 2016 Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.” The customer sought $1,300,000 in damages, and the case was settled for $697,080. The complaint was regarding an in-house wrap fee, and it took place while he was registered with UBS Financial Services Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, UBS Financial Services Inc. may be liable for investment or other losses suffered by Robert Mueller’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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