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David Youngblood Moran with UBS Financial Services Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years

Who is David Y. Moran with UBS Financial Services Inc.?

David Moran (CRD #2951126) who is currently registered with UBS Financial Services Inc. and located in Atlanta, Georgia is a subject of one of our many securities industry sales practice abuse investigations. Prior to UBS Financial Services Inc., David Moran was associated with 3 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

UBS Financial Services Inc. Broker Misconduct

In his career, David Moran has been the subject of 3 customer complaints that we know about, 2 of those complaints were filed in the last 2 years to recover investment losses. One customer complaint was denied by an arbitration panel. There are currently 2 pending customer complaints filed against David Moran’s current employer UBS Financial Services Inc. for investment losses caused by his alleged misconduct.

Allegations Against David Moran  

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

  • Claimants allege unsuitable investment recommendations and misrepresentations regarding an options overlay strategy investment known as the UBS Financial Services, Inc. Yield Enhancement Strategy, A/K/A the UBS-YES option strategy.
  • Another claimant made similar allegations of unsuitability and misrepresentations in connection with the UBS-YES option strategy and is seeking over $2 million in damages.

David Moran Red Flags & Your Rights As An Investor

Of course, David Moran 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 David Moran at UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether David Moran has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services Inc. in such a short period also raises questions about its 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.

If you have questions about UBS Financial Services Inc. and/or David Moran 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 $125 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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