AISHKA O LUGO from UBS Financial of Tampa

AISHKA O LUGO (AISHICA O HUGO, AISHICA O LUGO) is currently registered both as a broker and financial advisor with UBS FINANCIAL SERVICES INC. of Tampa, Florida, since 10/16/2006.  According to FINRA’s BrokerCheck, available to the public on FINRA’s website, AISHKA O LUGO has been in the securities industry for 23 years and has 22 Disclosures on her FINRA CRD report. All 22 Disclosures are “Customer Disputes” dated from 6/25/2010 - 6/10/2024.  Of the 22 disputes, 19 have settled, 2 were denied and 1 is pending.

The most recent disclosure currently pending filed against Lugo is dated 6/10/2024.  The allegations are, “Time frame: Unspecified Allegations: Claimant alleges her investments in Puerto Rico closed-end funds were unsuitable, over-concentrated, and misrepresented as safe investments.” AISHKA O LUGO denies the allegations.

The most recent settled dispute filed against AISHKA O LUGO was dated 10/12/2023.  The allegations were, “Time frame: 2006-2023 Allegations: Claimants allege that the recommendation to invest in and hold Puerto Rico closed-end funds and Puerto Rico municipal bonds was unsuitable and that their UBS account was over-concentrated in these investments. They also allege that the risks of investing in and concentrating in PR investments were misrepresented.”  The damage amount requested was $1,500,000.00, the settlement amount was $385,000.00.

There was a dispute filed 8/26/2019 against AISHKA O LUGO that settled, with the allegations of, “Time frame: Unspecified Allegations: Claimants allege that the recommendations to invest in and hold Puerto Rico Closed End Funds and Puerto Rico Government Bonds were unsuitable and that their accounts were over-concentrated in these investments. They also allege that the risks of geographic concentration, leverage, and liquidity were misrepresented.” This dispute settled for $200,000.00.

A settled dispute dated 6/15/2018, filed against AISHKA O LUGO alleged, “Time frame: Claimants allege unsuitable recommendations, over-concentration and misrepresentations in connection with their purchase of closed-end funds and Puerto Rico bonds.”  The damage amount requested was $4,000,000.00, this dispute settled for $1,125,000.00.  Lugo denies the allegations.

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