Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Betz (Betz), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Betz recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on May 04, 2021.
Time Frame: November 20, 2020 The authorized individual alleges a large amount of stock was\, liquidated without the full knowledge of her mother. The authorized individual further alleges her\, mother did not understand the tax implications of this transaction. The authorized individual finally\, alleges a failure to act in the best interest of the client and a breach of fiduciary duties. The\, alleged damages are estimated to be in excess of $5,000.00.