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Simon Alexander Clarke with UBS Financial Services Inc. Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year

Who is Simon A. Clarke with UBS Financial Services Inc.?

Simon Clarke (CRD #4232824) who is currently registered with UBS Financial Services Inc. and located in Boston, Massachusetts is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to UBS Financial Services Inc., Simon Clarke was associated with Credit Suisse Securities (USA) LLC and 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, Simon Clarke has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last year to recover investment losses.  

Both of the customer complaints filed against Simon Clarke’s current employer UBS Financial Services Inc. for investment losses caused by his alleged misconduct are still pending.

Allegations Against Simon Clarke

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

  • The claimant alleged unsuitable investment recommendations and misrepresentations with respect to an investment in and to hold an option overlay strategy known as the UBS Yield Enhancement Strategy (“UBS-YES Strategy”).
  • The claimant alleged unsuitable investment recommendations and misrepresentations in connection with the UBS-YES Strategy in a UBS Wrap fee account.

Simon Clarke Red Flags & Your Rights as An Investor

Of course, Simon Clarke 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 Simon Clarke at UBS Financial Services Inc. and Credit Suisse Securities (USA) LLC on alert to review carefully the activity and performance of their accounts and question whether Simon Clarke has 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-YES 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., Credit Suisse Securities (USA) LLC, and/or Simon Clarke 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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