Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Raymond Byers (Byers), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Byers recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $600,000.00 on August 22, 2023.
Time frame: March 2020 through mid-2022\, \, Allegations: Clients allege unsuitability and misrepresentation in connection with a put options writing strategy, which resulted in principal losses.