Last Updated: January 2025 (January 2025)
Scott Meador Investigation Summary
Here’s What You Need to Know About Naples, FL Stockbroker William S. Meador:
- Name: William Scott Meador
- Current Employer: UBS Financial Services Inc.
- Prior Employers:
- Merrill Lynch, Pierce, Fenner & Smith Inc. (1992–2008)
- Function: Stockbroker / Registered Investment Advisor
- Aliases: Scott Meador
- Primary Location: Naples, FL
- CRD Number: 2202512
- Can William Meador Be Sued in FINRA Arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $40,000
- Pending Customer Dispute: Yes, seeks $1 Million in damages
If you’ve sustained damages from Mr. Meador, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Scott Meador as Your Stockbroker?
William Scott Meador discloses a pending customer dispute and one settled dispute.
- Customer Dispute – Pending
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- Date of Filing: November 1, 2024
- Allegations: Customers allege that an account used to collateralize a line of credit was unsuitably allocated in equities. Claimants further allege that the overall investment strategy was not in their best interest.
- Product Type: Equities
- Arbitration Forum: FINRA
- Docket/Case Number: 24-02362
- Damages Sought: $1,000,000
- Customer Dispute – Settled
-
- Date Complaint Received: April 21, 2009
- Allegations: Customers alleged unsuitable investment recommendations.
- Settlement Amount: $40,000
- Firm Involved: Merrill Lynch, Pierce, Fenner & Smith Inc.
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
FINRA Rule 2111- suitability -Regulation Best Interest
Allegations of Broker Misconduct Against Scott Meador
Customers have alleged the following misconduct against Scott Meador:
- Unsuitable Investment Recommendations: Allegations of recommending investments that were inappropriate for the client’s financial situation and risk tolerance, a potential violation of FINRA Rule 2111 (Suitability).
- Failure to Act in Best Interests: Claims of failing to develop an investment strategy aligned with the client’s financial goals, possibly breaching FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade).
- Mismanagement of Collateral Accounts: Allegations regarding improper allocation of assets in accounts collateralized for loans, leading to substantial customer losses.
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of other UBS Financial brokers
If you have suffered investment losses in an account handled by William Scott Meador, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.