Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 24, 2018 indicate that Massachusetts-based UBS Financial Services broker Laurence Knowlton has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Knowlton (CRD# 1383052).
Laurence Knowlton has spent 33 years in the securities industry and has been registered with UBS Financial Services in Boston, Massachusetts since 1995. Previous registrations include Kidder Peabody & Company in New York, New York (1993-1995) and Lehman Brothers in New York, New York (1985-1993). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 31, 1995; Series 3 (National Commodity Futures Examination), which he obtained on September 3, 1995; and Series 7 (General Securities Representative Examination), which he obtained on July 20, 1985. He is a registered broker with 34 US states and territories.
According to his BrokerCheck report, he has received two customer complaints, one pending customer complaint, and one denied customer complaint.
In May 2018 a customer alleged Laurence Knowlton, while employed at UBS Financial Services, misrepresented and recommended unsuitable investments in Puerto Rico municipal bonds. The customer is seeking $988,000 in damages in the pending complaint.
In 2010 a customer alleged Laurence Knowlton, while employed at UBS Financial Services, breached contract, breached his fiduciary duty, and acted negligently. The complaint resulted in an award to the customer of $2,500.
In 2008 a customer filed a complaint against Laurence Knowlton, while he was employed at UBS Financial Services, regarding an investment in auction rate securities made prior to the widespread illiquidity in the market for auction rate securities. The complaint resulted in the firm’s repurchase of the securities at par value, for $200,000.
In 2002 a customer alleged he, while employed at Painewebber, failed to follow his instructions. The customer sought more than $41,300 in damages in the complaint, which was denied.
If you or someone you know has lost money investing with Laurence Knowlton, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.