Along with other brokers/financial advisors, Wilson Dennis Colberg Trio of UBS Financial Services Inc. of Puerto Rico, is currently being investigated over alleged sales of proprietary municipal and leveraged bond funds offered by UBS Puerto Rico, including the Puerto Rico Fixed Income Funds I through VI, Tax-Free Puerto Rico Funds I and II, and Tax-Free Puerto Rico Target Maturity Funds.
UBS Puerto Rico has agreed to pay $26 million to settle charges that it allegedly mispriced closed end funds. Wilson Trio of UBS Puerto Rico, and branch offices in San Juan, Guaynabo, Ponce, and Hato Rey are currently under investigation. These funds may not have been appropriate for the conservative investor, and it is highly inappropriate for a broker or financial advisor to recommend to their clients borrowing on margin or line of credit to purchase a leveraged fund.
If you purchased funds from Wilson Dennis Colberg Trio or another broker/financial advisor of UBS of Puerto Rico, or through UBS in the United States, please call (888) 760-6552 for a free consultation on how you may be able to recover your investment losses. Soreide Law Group is currently representing investors nationally and internationally against UBS.
Investors apparently complained about securities broker Devlin H. Dwyer. [CRD: 6634140, Atlanta, Georgia], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Dwyer worked for Patrick Capital Markets LLC from November 22, 2016, to March 9, 2026. See below to find out more about the disclosures involving this securities broker. Patrick Capital Investor […]
Investors have reportedly disputed the sales practices of securities broker Jennifer Lasser Eilers (also known as Jennifer Ann Costello and Jennifer Ann Lasser) [CRD: 2410129, Niles, Illinois], according to disclosures located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Jennifer Eilers worked for BMO Harris Financial Advisors Inc. from February 19, 2021, to March 24, 2021, […]
Investors potentially experienced sales practice violations by securities broker Gabriel D. Candea (also known as Gabe Candea) [CRD: 5531840, Santee, California], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Gabriel Candea worked for Emerson Equity LLC from January 14, 2022, to the present as a securities broker in Irvine, California, […]
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