Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Hilton Sr. (Hilton Sr.), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Hilton Sr. recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on October 23, 2023.
Time frame: Unspecified \, Allegations: Claimant alleges her financial advisor’s recommendation that she remain invested in equities instead of selling to cash was unsuitable. Claimant further alleges that her financial advisor purchased an annuity without her knowledge and subsequently borrowed against the annuity.