Investors Seek Millions in Damages in Disputes with Robert Mueller

Robert Mueller (CRD #: 2647227), a broker registered with UBS Financial Services, allegedly made unsuitable recommendations of investment strategies, according to his BrokerCheck record, accessed on December 26, 2022. If you have questions about his alleged conduct as a broker, keep reading.

Investor Disputes

Two pending disputes filed from October and November 2022 allege that Robert Mueller made misrepresentations and unsuitable recommendations to invest in and hold an options overlay strategy during 2016. One dispute is seeking $1.3 million, the other is seeking $1.58 million. 

A dispute filed on February 4, 2019, alleged that Robert Mueller facilitated an options overlay strategy from February 2018 to the date of filing that was not suitable given the risk tolerance described in the client’s portfolio. This dispute was denied by the firm.

However, investors should be aware that firms can deny disputes without an outside review. Investors may be able to recover their losses by pursuing FINRA arbitration following a denial.

FINRA Rule 2020

FINRA Rule 2020 bans the use of manipulation, deception, and other fraudulent means of influencing investors’ decisions. This includes the misrepresentation of an investment’s limitations, risks, potential returns, or other relevant information.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must take into account a client’s age, tax status, and other information described in the investor’s profile.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

Background Information

Robert Mueller 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 3 – National Commodity Futures Examination
• Series 7 – General Securities Representative Examination

Robert Mueller is a registered broker in 26 states and a registered investment adviser in Texas.

He has also worked for Morgan Stanley & Company (CRD#:8209) and Goldman, Sachs & Company (CRD#:361).

Kurta Law Can Help

If you worked with Robert Mueller 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 and 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.