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Ortal Shacar with UBS Financial Services Inc. Has 2 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years

Who is Ortal Shacar with UBS Financial Services Inc.?

Ortal Shacar (CRD #2940760) 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.  

UBS Financial Services Inc. is an investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.

UBS Financial Services Inc. Broker Misconduct

In his career, Ortal Shacar has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last 2 years to recover investment losses.  

Both customer complaints filed against Ortal Shacar’s current employer UBS Financial Services Inc. for investment losses caused by his alleged misconduct are pending.

Allegations Against Ortal Shacar

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

  • Two claimants in separate arbitration proceedings have alleged that Ortal Shacar made unsuitable recommendations and misrepresentations in connection with their investments in the UBS Yield Enhancement Strategy.

Ortal Shacar Red Flags & Your Rights as An Investor

Of course, Ortal Shacar 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 that should put all current and former customers of Ortal Shacarat UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Ortal Shacarhas engaged in any stockbroker misconduct that may have caused them investment losses.

A large number of customer complaints at UBS Financial Services Inc. about the UBS Yield Enhancement Strategy 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 Ortal Shacarand 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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