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Robert Cohen of Stifel Nicolaus Company and Formerly with UBS Financial Services Has 4 Customer Complaints for Alleged Broker Misconduct

Who is Robert Cohen of Stifel Nicolaus Company?

Robert Cohen (CRD #1162192) who is currently registered with Stifel Nicolaus Company and located in Melville, New York is a subject of one of our many securities industry sales practice abuse investigations.

Prior to Stifel Nicolaus Company, Robert Cohen was associated with UBS Financial Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.  He was terminated by UBS Financial Services.

Robert Cohen Customer Complaints

Robert Cohen has been the subject of 4 customer complaints that we know about. Three of Robert Cohen’s 4 customer complaints were settled in favor of investors. One of Robert Cohen’s customers’ complaints was denied and the customers did not take any further action.

Allegations Against Robert Cohen

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

  • Clients alleged that Robert Cohen mismanaged their accounts and made misrepresentations regarding their investments.
  • The customer alleges that Robert Cohen represented that investment in auction rate securities was a liquid investment.
  • It is alleged that account access fees were misrepresented by Robert Cohen.
  • The client alleges two bonds were purchased without her knowledge by Robert Cohen. The client further alleges those bonds were not suitable as she was ninety years old and had thirty-year maturities. The client further alleges she was taken advantage of due to her age when she tried to liquidate and transfer her account.

Robert Cohen Red Flags & Your Rights as An Investor

Of course, Robert Cohen 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 Robert Cohen at Stifel Nicolaus Company and UBS Financial Services on alert to review carefully the activity and performance of their accounts and question whether Robert Cohen has engaged in any stockbroker misconduct that may have caused them investment losses.

A large number of customer complaints at Stifel Nicolaus Company and UBS Financial Services 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 Stifel Nicolaus Company Due to Robert Cohen

If you have questions about Stifel Nicolaus Company, UBS Financial Services, and/or Robert Cohen 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 $160 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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