Investors File Disputes About Gregory Foster

Soreide Law Group is investigating possible investor claims against securities broker Gregory Foster (CRD: 1532735, Wayzata, Minnesota). 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 Foster caused losses. Here is a brief summary of the disclosures about Foster.

UBS Financial Services Inc. Investor Accuses Foster Of Losses

Supposedly, on March 27, 2023, a UBS Financial Services Inc. client filed a complaint about Gregory Foster. Namely, the client alleged that Foster caused losses relating to a canceled trade. Because of this, the client allegedly sustained damages on equities. Therefore, the client requested $300,000 in compensation from UBS Financial Services Inc. or Foster. However, this complaint is ongoing.

Gregory Foster Discloses Failure To Follow Instructions Allegations By UBS Financial Services Inc. Client

Also, a client of UBS Financial Services Inc. contested Gregory Foster’s sales practices, according to a complaint. Allegedly, Foster failed to follow instructions. Supposedly, Foster caused the client to sustain damages. Therefore, UBS Financial Services Inc. opted to settle the matter on June 1, 2020, by compensating the client in the amount of $466,625.37.

RBC Capital Markets Corporation Investor Accuses Foster Of Failure To Follow Instructions

Specifically, an RBC Capital Markets Corporation client filed FINRA Arbitration: 09-04867 about Gregory Foster. Namely, the client alleged that Foster failed to follow instructions regarding the liquidation of stocks. Because of this, the client allegedly sustained damages. Therefore, on February 4, 2010, RBC Capital Markets Corporation settled this matter by paying the client $9,999 in damages.

Gregory Foster Discloses Failure To Execute Allegations By Dain Rauscher Inc. Client

Also, a client of Dain Rauscher Inc. contested Gregory Foster’s sales practices, according to a complaint. Allegedly, Foster failed to execute a stop loss order. Supposedly, Foster caused the client to sustain damages on over-the-counter equities. Therefore, Dain Rauscher Inc. opted to settle the matter on August 15, 2001, by compensating the client in the amount of $5,050.

Foster Employment Information

• Foster has worked for UBS Financial Services Inc. in Wayzata, Minnesota, as a financial advisor since February 11, 2013.
• Foster has worked for UBS Financial Services Inc. in Wayzata, Minnesota, as a securities broker since July 28, 2010.

Did UBS Financial Services Inc. Securities Broker Gregory Foster Cause You To Experience Damages?

Have you experienced damages by investing with Gregory Foster? If you have, contact Soreide Law Group at (888) 760-6552 and talk with an investment lawyer about a possible recovery of your losses. Soreide Law Group, who has recovered money for investors throughout the United States, represents clients on a contingency fee basis and advances costs. Foster and brokerage firms Foster worked for deny accusations against them.