Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on January 23, 2019 indicate that Illinois-based CIBC World Markets broker Richard Judd has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Judd (CRD# 1891117).
Richard Judd has spent 28 years in the securities industry and has been registered with CIBC World Markets Corporation in Chicago, Illinois since 2017. Previous registrations include GNV Advisors in Chicago, Illinois (2011-2017); UBS Financial Services in Weehawken, New Jersey (2006-2009); Piper Jaffray & Company in Chicago, Illinois (2004-2006); Deutsche Bank Securities in New York, New York (2001-2004); DB Alex Brown in Baltimore, Maryland (1997-2001); Alex Brown & Sons (1996-1997); and William Blair & Company in Chicago, Illinois (1988-1996). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 19, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 26, 1989; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on October 15, 1998. He is currently not registered with any US state or territory.
According to his BrokerCheck report, he has received five customer complaints and one pending customer complaint.
In December 2018 a customer alleged Richard Judd, while employed at Geneva Advisors, liquidated his accounts without permission as opposed to following a request to transfer securities in kind, resulting in tax liability and lost profits. The customer is seeking $27,400 in damages in the pending complaint.
In 2011 a customer alleged Richard Judd, while employed at UBS Financial Services, recommended unsuitable investments, breached his fiduciary duty, acted negligently, and executed unauthorized trades. The complaint settled for $25,000.
In 2009 a customer alleged Richard Judd, while employed at UBS Financial Services, failed to properly allocate accounts across asset classes and misrepresented material facts regarding the risks of their investments. The complaint settled for $24,000.
In 2009 a customer alleged he, while employed at UBS Financial Services, failed to follow instructions and made false representations to cover up that failure. The complaint settled in 2010 for $250,000.
In 2007 a customer alleged he, while employed at UBS Financial Services, failed to enter a stop loss order. The complaint settled for more than $46,400.
In 1994 a customer alleged he, while employed at William Blair & Company, acted negligently and breached his fiduciary duty, resulting in losses. The complaint settled for $45,000.
If you have lost money investing with Richard Judd, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.