Investors have come forward with complaints about securities broker Matthew Buchsbaum AKA Matthew Stern Buchsbaum [CRD#: 2220565, New York, NY]. Evidently, the securities broker, who worked for UBS Financial Services, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, UBS Financial Services clients allege that Buchsbaum made unsuitable transactions and misrepresentations. For more on these disclosures about Buchsbaum, see below.
UBS Financial Services Investors Accuse Matthew Buchsbaum Of Misrepresentation
Evidently, on August 31, 2022, a UBS Financial Services client filed FINRA Arbitration #: 22-01964 about Matthew Buchsbaum. Namely, the client alleged that Buchsbaum made unsuitable transactions and misrepresentations. Because of this, the client sustained damages. Therefore, the client requested $1,400,000 in compensation from UBS Financial Services or Buchsbaum. Evidently, this arbitration is pending a resolution.
Buchsbaum Discloses Misrepresentation Allegations By UBS Financial Services Client
Also, a client of UBS Financial Services contested Matthew Buchsbaum’s sales practices by filing FINRA Arbitration #: 22-01541 on July 11, 2022. Allegedly, Buchsbaum made unsuitable transactions and misrepresentations. Supposedly, the investments which Buchsbaum sold or recommended had caused the client to sustain damages. Therefore, the client seeks compensatory relief from UBS Financial Services or Buchsbaum in the amount of $750,000 in this ongoing matter.
UBS Financial Services Investors Accuse Matthew Buchsbaum Of Misrepresentation
Evidently, a UBS Financial Services client filed FINRA Arbitration #: 20-03356 about Matthew Buchsbaum. Notably, the client alleged that Buchsbaum made unsuitable transactions and misrepresentations. Because of this, the client sustained damages. Therefore, on July 7, 2022, UBS Financial Services settled this matter by paying the client $225,000.
UBS Financial Services Investors Accuse Buchsbaum Of Sales Practice Violations
Also, on December 10, 2021, a UBS Financial Services client filed Civil Suit#: 1:21-cv-10361 about Matthew Buchsbaum. Namely, the client alleged that Buchsbaum committed sales practice violations. Because of this, the client sustained damages. Therefore, the client requested $1,200,000,000 in compensation from UBS Financial Services or Buchsbaum. Evidently, this civil suit is pending a resolution.
Matthew Buchsbaum Discloses Unsuitable Trading Allegations By UBS Financial Services Client
Evidently, on October 12, 2021, a UBS Financial Services client filed FINRA Arbitration #: 21-02574 about Matthew Buchsbaum. Notably, the client alleged that Buchsbaum made unsuitable transactions and misrepresentations. Because of this, the client sustained damages. Therefore, the client requested $1,500,000 in compensation from UBS Financial Services or Buchsbaum. Evidently, this arbitration is pending a resolution.
Buchsbaum worked for Credit Suisse Securities USA in New York, NY, as a financial advisor from January 4, 2007 to December 17, 2015.
Buchsbaum worked for Credit Suisse Securities USA in New York, NY, as a securities broker from January 17, 2003 to December 17, 2015.
Buchsbaum has been employed by UBS Financial Services in Stamford, CT, as a financial advisor since November 20, 2015.
Buchsbaum has been employed by UBS Financial Services in Stamford, CT, as a securities broker since November 20, 2015.
Did UBS Financial Services Securities Broker Matthew Buchsbaum Cause You To Experience Damages?
Have you sustained damages because of securities broker Matthew Buchsbaum? If so, reach out to Soreide Law Group at (888) 760-6552 to talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Buchsbaum and brokerage firms Buchsbaum was employed by deny any and all allegations of sales practice violations.