Soreide Law Group is conducting an investigation into potential claims on behalf of investors who may have suffered losses due to the actions of securities broker Michael Thomas Yochum (also known as Mike Yochum) [CRD#: 1126991, San Francisco, California]. Evidently, Michael Yochum is a registered broker and investment advisor with UBS Financial Services Inc., where he has been employed since July 3, 1986, and registered since July 8, 1997, at their San Francisco, CA location. Notably, investors brought forth disputes containing allegations of misrepresentation and unsuitability, particularly related to structured products.
Particularly, a client of UBS Financial Services Inc. contested Michael Yochum's sales practices, according to a complaint dated October 27, 2020. Supposedly, Yochum failed to adhere to the client's instructions regarding distributions from his SEP IRA account. It appears that Yochum's alleged oversight caused the client to sustain damages. Therefore, the client sought compensatory relief from UBS Financial Services Inc. or Yochum in the amount of $39,490.34 in this matter. However, the complaint was denied on November 23, 2020.
Notably, a UBS Financial Services Inc. client filed FINRA Arbitration: 11-00940 about Michael Yochum. Evidently, the client alleged that Yochum misrepresented the safety and suitability of structured products. Because of this, the client allegedly sustained damages on these structured products. Therefore, on August 6, 2012, UBS Financial Services Inc. settled this matter by paying the client $62,905.25 in damages. This settlement was reached without Yochum's monetary contribution and does not imply any admission of liability or misconduct on his part.
Also, a client of UBS Financial Services Inc. contested Michael Yochum's sales practices by filing FINRA Arbitration: 11-00794. Supposedly, Yochum misrepresented and recommended unsuitable investments, including a Lehman Brothers structured product, and failed to disclose the company's financial instability. It appears that Yochum's conduct led the client to sustain damages on this product. Therefore, UBS Financial Services Inc. opted to settle the matter on March 23, 2012, by compensating the client in the amount of $22,500.
Did you experience losses because of Michael Yochum? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Yochum and brokerage firms he worked for deny accusations of sales practice violations.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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