| Read Time: 2 minutes | UBS Financial Services Complaints |


Mark Allen Zeller Of UBS Financial Services Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years

Who is Mark A. Zeller with UBS Financial Services Inc.?

Mark Zeller (CRD #2263684) who is currently registered with UBS Financial Services Inc. and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to UBS Financial Services Inc., Mark Zeller was associated with 2 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, Mark Zeller 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 of those customer complaints resulted in arbitration proceeding in an arbitration award in favor of the investor. Another one of Mark Zeller’s 3 customer complaints was settled in favor of the investor. There is currently one pending customer complaint filed against Mark Zeller’s current employer UBS Financial Services Inc. for investment losses caused by his alleged misconduct.

Allegations Against Mark Zeller

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

  • Mark Zeller was the subject of a customer’s complaint against his current employer UBS Financial Services, Inc. relating to claimant’s investment in the UBS Yield Enhancement Strategy (“UBS-YES”) strategy. The customer alleged constructive fraud, negligent misrepresentation, breach of fiduciary duty, unsuitable investment recommendations, and breach of contract. The arbitrators agreed to made an award in the customer’s favor.
  • Claimant alleged sales practice violations by Mark Zeller in connection with the offer and sale of Lehman structured notes.
  • Claimants alleged unsuitable investment recommendations and misrepresentations related to the UBS-YES option overlay strategy.

Mark Zeller Red Flags & Your Rights As An Investor

Of course, Mark Zeller 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 Mark Zeller at UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Mark Zeller 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 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 Mark Zeller 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.

Author Photo

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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars