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Ajay Desai Of UBS Financial Services Inc. Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Ajay Desai of UBS Financial Services Inc.?

Ajay Desai (CRD #4058022) who is currently registered with UBS Financial Services Inc. and located in Chicago, Illinois is a subject of one of our many securities industry sales practice abuse investigations.

Ajay Desai Customer Complaints

Ajay Desai has been the subject of 3 customer complaints that we know about, and one of those complaints was filed in the last year to recover investment losses. Two of Ajay Desai’s 3 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against UBS Financial Services Inc. for investment losses caused by Ajay Desai’s alleged misconduct.

Allegations Against Ajay Desai

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • The customer alleged that Ajay Desai made unsuitable investment recommendations.
  • The customer alleged Ajay Desai’s unsuitable investment recommendations, misrepresentation and omission of material facts regarding investments purchased.
  • Claimant’s counsel alleged unsuitability and negligence with respect to Ajay Desai’s recommendations and investment of accounts.

Ajay Desai Red Flags & Your Rights As An Investor

Of course, Ajay Desai did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Ajay Desai at UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Ajay Desai has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At UBS Financial Services Inc. Due To Ajay Desai

If you have questions about UBS Financial Services Inc. and/or Ajay Desai and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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