Soreide Law Group is looking into possible investor claims against securities broker Christopher Robert Black (also known as Chris Black) (CRD: 2186558, Houston, Texas). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for UBS Financial Services Inc. Evidently, investors allege sales practice violations in these disputes, including that Black made unsuitable recommendations and misrepresentations. Here is a brief summary of the disclosures about Black.
Also, a client of UBS Financial Services Inc. contested Christopher Black’s sales practices by filing FINRA Arbitration: 19-02667. Allegedly, Black gave unsuitable advice and made misrepresentations. It appears that Black possibly caused the client to sustain damages on options. Therefore, UBS Financial Services Inc. opted to settle the matter on November 16, 2022, by compensating the client in the amount of $305,000.
Also, a client of UBS Financial Services Inc. contested Christopher Black’s sales practices by filing FINRA Arbitration: 20-01305. Allegedly, Black gave unsuitable advice and made misrepresentations. It appears that Black possibly caused the client to sustain damages on hedge funds, structured notes, private equity funds, and an option overlay strategy. Therefore, UBS Financial Services Inc. opted to settle the matter on May 5, 2022, by compensating the client in the amount of $580,000.
Evidently, on February 24, 2022, a UBS Financial Services Inc. client filed FINRA Arbitration: 22-00402 about Christopher Black. Namely, the client alleged that Black misrepresented information and gave unsuitable advice. Because of this, the client allegedly sustained damages on options overlay strategies. Therefore, the client requested $500,000 in compensation from UBS Financial Services Inc. or Black. Evidently, this arbitration is pending a resolution.
Particularly, on February 10, 2022, a UBS Financial Services Inc. client filed FINRA Arbitration: 22-00305 about Christopher Black. Namely, the client alleged that Black made unsuitable recommendations and misrepresentations. Because of this, the client allegedly sustained damages on options. Therefore, the client requested up to $1,000,000 in compensation from UBS Financial Services Inc. or Black. Evidently, this arbitration is pending a resolution.
Also, a client of UBS Financial Services Inc. contested Christopher Black’s sales practices by filing FINRA Arbitration: 22-00278 on February 8, 2022. It appears that Black possibly caused the client to sustain damages on options overlay strategies. Therefore, the client requested compensation from UBS Financial Services Inc. or Black in the amount of $300,000. However, the securities firm denied the complaint.
Evidently, UBS Financial Services Inc. clients filed FINRA Arbitration: 19-03051 about Christopher Black. Namely, the clients alleged that UBS Financial Services Inc. acted unethically, made misrepresentations, made unsuitable recommendations, breached a fiduciary duty, was negligent, breached a contract, violated FINRA rules, and violated state laws. Because of this, the clients allegedly sustained damages. Therefore, on January 21, 2022, a FINRA Arbitration Panel issued an Award ordering UBS Financial Services Inc. to pay the clients collectively $325,000 in damages.
Also, a client of UBS Financial Services Inc. contested Christopher Black’s sales practices, according to a complaint dated August 6, 2019. Allegedly, Black made unsuitable recommendations and made omissions. Supposedly, Black possibly caused the client to sustain damages on hedge funds. Therefore, the client requested compensation from UBS Financial Services Inc. or Black. However, the securities firm denied the complaint.
Have you experienced damages because of Christopher Black? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with a securities attorney about a potential recovery of your investment losses. Soreide Law Group, who has effectively recovered losses for investors throughout the United States, represents clients on a contingency fee basis and will advance all costs. Black and brokerage firms Black worked for deny any and all allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com