Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker R Mitchell Wickham (Wickham), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Wickham recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,194,869.00 on April 02, 2025.
Time frame: 2021-2023 \, \, Allegations: Claimants allege they were victims of financial exploitation leading to the wrongful withdrawal of funds from their accounts, which funds were ultimately transferred to scammers. Claimants allege UBS ignored red flags that the transactions were suspicious and failed to identify/deter the fraudulent transfers.