Investor Alert! The Financial Industry Regulatory Authority (FINRA) reports troubling allegations of sales practice violations by UBS Financial Services Inc. broker Teresa Bravo [CRD#: 1575928, San Juan, Puerto Rico]. Apparently, at least 27 clients disputed the sales practices of the securities broker. Altogether, these disclosures indicate that Bravo made unsuitable recommendations to clients as they conflicted with their risk tolerances and investment objectives. Read on to learn more about the allegations against Bravo.
Apparently, on October 22, 2019, a UBS Financial Services client brought FINRA Arbitration #: 19-02769 concerning Teresa Bravo. Notably, the client asserted that Bravo recommended unreasonable closed end funds. Supposedly, these overleveraged and illiquid investments conflicted with the client’s investment profile. It appears that the client experienced losses by purchasing Puerto Rico funds because of Bravo’s advice. As a result, the client requested $1,158,408.30 in compensation from UBS Financial Services or Bravo. Evidently, this arbitration is pending a resolution.
Evidently, a client of UBS Financial Services contested Teresa Bravo’s actions by placing FINRA Arbitration #: 19-02609 on October 18, 2019. Bravo purportedly recommended unreasonable Puerto Rico open and closed end funds. Allegedly, these investments did not comport with the client’s goals, risk tolerance or other criteria relating to suitability. Supposedly, the securities broker additionally misrepresented risks of Puerto Rico securities. Consequently, the client made a claim for compensatory damages from UBS Financial Services or Bravo in the amount of $117,711.21 in this ongoing matter.
Apparently, on August 16, 2019, a UBS Financial Services client filed FINRA Arbitration #: 19-02311 concerning Teresa Bravo. Allegedly, the securities broker overconcentrated the client's account in speculative investments causing the client increased risk of losses. Also, the client contended that Bravo falsified the details concerning the risks or the terms. Apparently, the client experienced losses on Puerto Rico funds and municipal bonds. Consequently, the client requested $500,000 in compensation from UBS Financial Services or Bravo. It appears that this arbitration is pending a resolution.
Further, a client of UBS Financial Services contested Teresa Bravo’s sales practices by filing FINRA Arbitration #: 17-02458 on September 21, 2017. Supposedly, Bravo misrepresented the terms, conditions, risks, or status of investments. Also, the securities broker allegedly effected unsuitable trades and overconcentrated the client’s account in inappropriate investments. It also appears that the securities broker also misrepresented the closed end funds which he sold or recommended. Therefore, UBS Financial Services opted to settle the matter on July 10, 2019 through compensating the client in the amount of $125,000.
Moreover, on May 9, 2017, a UBS Financial Services client filed FINRA Arbitration #: 17-01096 concerning Teresa Bravo. Notably, the client asserted that Bravo falsified important investment information such as the risks or the terms. Not only that, but the securities broker allegedly executed unreasonable trades due to the client's investment profile. Evidently, on January 9, 2019, UBS Financial Services resolved this issue through compensating the client $80,000.
Have you experienced losses by investing with Teresa Bravo? If so, reac
h out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel in regard to possibly recovering your investment losses. Soreide Law Group represents clients on a contingency fee basis and will advance all costs. The law firm has recovered millions of dollars for clients who have incurred losses due to misconduct of securities brokers like Bravo and brokerage firms.
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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