Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vicente Del Rio (Del Rio), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Del Rio 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 $1,000,000.00 on April 28, 2020.
Former client claims that from August 2016 to September 2017 registered representatives made unsuitable recommendations in connection with his trust account. Client filed a Florida state court action that was dismissed with prejudice. Client has now filed a similar FINRA arbitration.