Peter Black is Facing a Multi-Million Dollar Dispute

Peter Black (CRD #: 1333774), a broker registered with UBS Financial Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 21, 2025. Keep reading if you have questions.

Investor Allegations

On August 29, 2025, an investor alleged that Peter Black sold all of her shares of Zeta Global Holdings when she had only authorized him to sell half of her shares. She further alleged he charged her a 3% commission when they agreed upon a 1% commission.

The investor is seeking $9.9 million.

Misrepresentation

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of information, such as an investment’s potential fees and commissions.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Selling more shares than authorized may violate this rule.

Background Information

Peter Black has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination

He is a registered broker in 21 states and is a registered investment adviser in New Jersey and Texas.

Peter Black has registered with the following firms:

• UBS Financial Services (CRD #: 8174)
• Morgan Stanley (CRD #: 149777)
• Merill Lynch, Pierce, Fenner & Smith (CRD #: 7691)

Kurta Law Can Help

If you worked with Peter Black and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.