UBS FINANCIAL SERVICES INC. Tag Archives

There are Recent Customer Complaints with Broker Mary Helfenstein in Firm UBS Financial Services Inc.

March 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mary Helfenstein (Helfenstein), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one tax lien, alleging that Helfenstein recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 15, 2024.

The Department, based upon investigation of the Respondent’s activities in this state, alleges that the Respondent has not complied with continuing education requirements mandated by Section 626.2815, Florida Statutes, and Rule 69B-228.220, Florida Administrative Code, for the compliance period ending July 31, 2024.

Broker Leonard Kichler in UBS Financial Services Inc. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leonard Kichler (Kichler), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Kichler 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 $200,000.00 on September 24, 2024.

Time frame: January 2011 to 2023\, \, Allegations: Claimant’s counsel alleges UBS failed to do adequate due diligence on a fund of funds, which counsel alleges was unsuitable for any investor, and as a result all relevant risks were not disclosed to investors.

Broker William Avery in UBS Financial Services Inc. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Avery (Avery), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Avery 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 $50,000.00 on September 25, 2024.

Time frame: September 2012 to 2023\, Allegations: Claimant’s counsel alleges UBS failed to do adequate due diligence on a fund of funds, which counsel alleges was unsuitable for any investor, and as a result all relevant risks were not disclosed to investors.

Broker John Sommo in UBS Financial Services Inc. Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Sommo (Sommo), previously associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Sommo recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on October 02, 2024.

Time frame: TBD\, \, Allegations: Claimants allege that the FA recommended unsuitable and speculative investments, including master limited partnerships in energy sector, when claimants were conservative investors.

Broker Wendy Holmes in UBS Financial Services Inc. Firm Has Customer Complaint

March 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wendy Holmes (Holmes), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Holmes 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 $1,000,000.00 on October 04, 2024.

Time frame: 2016-2019 Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

Broker Eric Wittenberg in UBS Financial Services Inc. Firm Has Customer Complaint

March 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Wittenberg (Wittenberg), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Wittenberg 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 $1,000,000.00 on October 04, 2024.

Time frame: 2016-2019 \, Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

There are Recent Customer Complaints with Broker Ira Walker in Firm UBS Financial Services Inc.

March 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ira Walker (Walker), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Walker 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 $10,000,000.00 on October 18, 2024.

Time frame: 1-Jan-2023 to 01-Oct-2024 \, Allegations: Plaintiff, who is going through a divorce, asserts that his wife, who is co-trustee of a trust for the benefit of their children and, with Plaintiff, maintains an account at the firm, was allowed to make an allegedly unauthorized transfer from the trust’s account to a beneficiary of the trust – their daughter, who also maintains an account at the firm.

Broker Hamish Grason in UBS Financial Services Inc. Firm Has Customer Complaint

March 1, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Hamish Grason (Grason) 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 Grason was employed by UBS Financial Services Inc. at the time of the activity. If you have been a victim of Grason’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint on October 30, 2024.

Time Frame: October 28th 2024 \, \, What were the allegations against the individual? The client alleges misappropriation of funds.

There are Recent Customer Complaints with Broker Gabriel Cooperman in Firm UBS Financial Services Inc.

February 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gabriel Cooperman (Cooperman), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Cooperman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on November 08, 2024.

Time Frame: November 7th, 2024 to November 8th, 2024\, What were the allegations against the individual – The client alleges that her Financial Advisor failed to put in her trade as instructed.

There are Recent Customer Complaints with Broker Terry Dean in Firm UBS Financial Services Inc.

February 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Terry Dean (Dean), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Dean 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 $1,000,000.00 on December 27, 2024.

Time frame: 2022-2023\, Claimant, through counsel, alleges breach of fiduciary duties by negligently accepted a power of attorney and corresponding instructions from Claimant’s daughter resulting in the purportedly improper withdrawal of significant funds from Claimant’s accounts. Claimant further alleges that the characteristics of ‘clients’ portfolio changed, including considerably more transactions larger in size, indicating a change of strategy from the previous two decades, and not in the best interest of the client.