Investors File Disputes About Scott Rosenberg

Soreide Law Group is investigating possible investor claims against securities broker Scott Michael Rosenberg [CRD#: 2754292, New York, New York]. Specifically, FINRA BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for UBS Financial Services. Evidently, one or more clients allege sales practice violations in these disputes, including misrepresentations and unsuitable recommendations. Here is a brief summary of the disclosures about Rosenberg. However, please note that the securities broker denies the allegations.

UBS Financial Services Client Accuses Scott Rosenberg Of Misrepresentations

Namely, on December 27, 2021, a UBS Financial Services client filed FINRA Arbitration #: 21-03099 about Scott Rosenberg. Specifically, the client alleged misrepresentations and unsuitable recommendations. Because of this, the client allegedly sustained damages pertaining to an options overlay strategy. Therefore, the client requested $8,000,000 in compensation from UBS Financial Services or Rosenberg. Evidently, this arbitration is pending a resolution.

UBS Financial Services Client Alleges Omissions By Rosenberg

Evidently, a client of UBS Financial Services contested Scott Rosenberg's sales practices by filing Civil Suit #: 1:21-cv-10361 on December 10, 2021. Notably, accusations against the securities broker include omissions. Allegedly, the Yield Enhancement Strategy that Rosenberg sold or recommended resulted in damages. Therefore, the client seeks compensatory relief from UBS Financial Services in the amount of $1,200,000,000 in this ongoing matter.

UBS Financial Services Client Accuses Scott Rosenberg Of Unsuitable Recommendations

Also, on November 25, 2020, a UBS Financial Services client filed FINRA Arbitration #: 20-03889 about Scott Rosenberg. Particularly, the client alleged that Rosenberg unsuitable recommendations and misrepresentations. Because of this, the client allegedly sustained damages relating to purchases or sales of the options overlay strategy. Therefore, the client requested compensatory damages from UBS Financial Services or Rosenberg. Evidently, this arbitration is pending a resolution.

Rosenberg Allegedly Makes Misrepresentations To UBS Financial Services Client

Evidently, on May 29, 2020, a UBS Financial Services client filed FINRA Arbitration #: 20-01504 about Scott Rosenberg. Specifically, the client alleged unsuitability and misrepresentation. Because of this, the client allegedly sustained damages relating to purchases or sales of options. Therefore, the client requested $420,000 in compensation from UBS Financial Services or Rosenberg. Evidently, this arbitration is pending a resolution.

UBS Financial Services Client Accuses Scott Rosenberg Of Breach Of Fiduciary Duty

Also, on May 13, 2020, a UBS Financial Services client filed FINRA Arbitration Claim #: 20-01517 about Scott Rosenberg. Specifically, the client alleged breach of fiduciary duty, negligence, unsuitability, misrepresentation, and violations of securities laws and FINRA rules. Because of this, the client allegedly sustained damages. Therefore, on July 19, 2022, a FINRA Arbitration Panel issued an Award ordering UBS Financial Services to pay the client $210,000 in compensatory damages.

Rosenberg Allegedly Makes Misrepresentations To UBS Financial Services Client

Evidently, a client of UBS Financial Services contested Scott Rosenberg's sales practices by filing FINRA Arbitration #: 20-01326 on May 11, 2020. Notably, accusations against the securities broker include misrepresentations and unsuitable recommendations. Allegedly, the options overlay strategy that Rosenberg sold or recommended resulted in damages. Therefore, UBS Financial Services opted to settle the matter on January 18, 2022, by compensating the client in the amount of $1,100,000.

Did Securities Broker Scott Rosenberg Cause You To Experience Damages?

Have you experienced damages by investing with Scott Rosenberg? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Please keep in mind that Rosenberg and the brokerage firms Rosenberg has associated with deny any and all allegations of sales practice violations.