Thomas Lawrence Huber of Rochester New York a stockbroker formerly registered with UBS Financial Services Inc. has been discharged by the firm on September 12, 2018 supported by allegations that (1) Huber effected unauthorized trades and liquidations in a customer’s account (2) Huber inappropriately placed a customer in an account to generate unapproved compensation (3) Huber neglected to apprise the firm about customer complaints concerning his activities and (4) Huber violated the firm’s policies concerning vulnerable customers, customer complaints and the suitability of transactions placed in customer accounts.

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Huber is referenced in three customer initiated investment related disputes pertaining to accusations of his violative conduct during the time that he was associated with Morgan Stanley and Prudential Securities. Particularly, a customer filed an investment related complaint involving Huber’s conduct in which the customer requested $22,000.00 in damages founded on allegations that the customer was not provided accurate information concerning an energy fund investment purchased for the customer’s account; and the customer’s account had been mismanaged causing the customer to incur unwarranted investment losses. National Association of Securities Dealers (NASD) Arbitration No. 15-E136-0123-91 KAM.

Then, a customer filed an investment related arbitration claim regarding Huber’s activities where the customer sought more than $5,000.00 in damages supported by accusations that while Huber was associated with Prudential Securities, the customer was placed in convertible bonds that were not consistent with the customer’s tolerance for risk. Moreover, on April 27, 2010, a customer initiated investment related complaint concerning Huber’s conduct was settled for $14,500.00 in damages based upon allegations that while Huber was associated with Morgan Stanley Co. Incorporated, the customer’s instructions of liquidating equity holdings had been disregarded causing the customer to suffer losses.

Huber has been employed by Stifel Nicolaus Company since October 29, 2018.