Securities Lawyers Blog
The law offices of Gana Weinstein LLP are currently investigating claims that Broker Garrick Montenegro (Montenegro) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Montenegro was employed by UBS Financial Services INC. at the time of the activity. If you have been a victim of Montenegro’s alleged misconduct our firm may be able to assist you in recovering funds.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $2,500,000.00 on May 27, 2026.
Llegations as stated by Claimant: Claimants allege FA Montenegro\\u2019s partner engaged in a fraudulent selling away scheme and that FA Montenegro should have been aware of the scheme. Claimants further allege that their UBS advisory accounts were reverse-churned with the investments remaining unchanged for several years. One Claimant also alleges he was recommended an unsuitable and inappropriate securities backed loan. \, \, Time frame: 2010-2025\,