UBS FINANCIAL SERVICES INC.

Broker Steven Westerman in UBS Financial Services INC. Firm Has Customer Complaint

September 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Westerman (Westerman), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Westerman 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 $10,000.00 on December 06, 2022.

Time Frame: September 6th, 2022 to September 26th, 2022\, \, What were the allegations against the individual? The client alleges that his Financial Advisor did not follow his instructions by liquidating his account, in a timely manner, in order to move control of his Donor Advised Fidelity fund to himself.

Broker Jack Riley in UBS Financial Services INC. Firm Has Customer Complaint

September 23, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on February 01, 2023.

Time frame: Starting in or about 2017\, \, Allegations: Claimants’ counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

Broker Michael Vassalotti in UBS Financial Services INC. Firm Has Customer Complaint

September 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Vassalotti (Vassalotti), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Vassalotti 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 $974,094.12 on February 01, 2023.

Time Frame: October 30th, 1998 to August 1st, 2022\, \, What were the allegations against the individual? Counsel alleges that his client was recommended an unsuitable investment strategy in which material misrepresentations were made. Counsel further alleges the strategy was not purchased in the client’s best interest.

Broker Mary Dineen in UBS Financial Services INC. Firm Has Customer Complaint

September 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mary Dineen (Dineen), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Dineen 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 $540,000.00 on February 10, 2023.

Time frame: 2018-present \, \, Allegations: Claimant alleges funds from trust were removed without authorization or consent, and funds have been allegedly missing.

There are Recent Customer Complaints with Broker Dimitri Rassias in Firm UBS Financial Services INC.

September 17, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 08, 2023.

Client alleges that RR made unsuitable recommendations to invest in a variable annuity and certain other securities.

Broker David Eustis Jr. in UBS Financial Services INC. Firm Has Customer Complaint

September 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Eustis Jr. (Eustis Jr.), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Eustis Jr. 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 $4,000,000.00 on March 23, 2023.

This case involves an investment relating to the purchase and resale of two Solar Centaur 50 Turbine Generator Sets (Gen-Sets) that failed to meet the investor’s expectations. Plaintiff [REDACTED] is an individual investor who resides in Texas. ECF 1-4 ,r,r 3, 10. Defendant Industrial Motor Power Corporation (IMPC) is a broker and wholesaler of power\\u00b7 generator sets and other equipment that is organized under the laws of California and has its principal place of business in California.

There are Recent Customer Complaints with Broker Hector Mercado in Firm UBS Financial Services INC.

September 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Hector Mercado (Mercado), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Mercado 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 $500,000.00 on March 23, 2023.

Time frame: Unspecified\, \, Allegations: Claimant alleges the recommendation to invest in and hold Puerto Rico closed-end funds was unsuitable, and that his accounts were unsuitably over concentrated in Puerto Rico investments. He also alleges that the risks of investing in and concentration in Puerto Rico investments was misrepresented.

There are Recent Customer Complaints with Broker Gregory Foster in Firm UBS Financial Services INC.

September 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Foster (Foster), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Foster 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 $300,000.00 on March 27, 2023.

Time Frame: February 22nd, 2023 to March 9th, 2023 \, \, What were the allegations against the individual? The client alleges that the FA failed to timely file a required form 144 that caused his trade to be cancelled. Due to this cancellation, the client suffered a significant loss.

Broker Marc Haggar in UBS Financial Services INC. Firm Has Customer Complaint

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Haggar (Haggar), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Haggar 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 $70,000.00 on April 10, 2023.

Time frame: December 2020-February 2023\, \, Client alleges a misstatement of fact and a failure to follow instructions regarding certain investments which were agreed to be retained once brought into UBS.

There are Recent Customer Complaints with Broker Marisol Colomer in Firm UBS Financial Services INC.

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marisol Colomer (Colomer), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Colomer 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 $11,000.00 on May 14, 2023.

Time Frame: March 6th, 2023 to May 11th, 2023\, \, The client alleges a failure to follow instructions as his money was not invested in the correct account.