Erez Law is currently investigating former UBS Financial Services Inc. broker Debra Bushman (CRD# 870056) regarding municipal bond losses. She has been registered with Wells Fargo Advisors Financial Network, LLC in Melville, New York, since 2025. She was registered with UBS Financial Services Inc. in Pittsburgh, Pennsylvania, from 2010 to 2025. He was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Garden City, New York, from 2006 to 2010, Janney Montgomery Scott LLC in Garden City, New York, from 2003 to 2006, and Prudential Securities Incorporated in New York, New York, from 1979 to 2003, when she was terminated regarding, “permitted to resign following firm investigation concerning adherence to PSI annuities replacement procedures and New York State Reg. 60. Investigation was not prompted by any customer complaint.”
Debra Bushman Customer Complaints
She has been the subject of five customer complaints between 1990 and 2026, one of which was denied, according to her CRD report. The most recent complaint was regarding:
January 2026. “Time frame: 2021-2024 The Trustee’s attorney alleges the Financial Advisors recommended unsuitable long duration premium bonds based on the Grantor’s age. The Trustee’s attorney further alleges the Financial Advisors misrepresented that the principal would be preserved and income would be interest based. The Trustee’s attorney finally alleges the strategy violated Regulation Best Interest.” The customer is seeking $140,000 in damages, and the case is currently pending. The complaint was regarding municipal bond losses, and it took place while she was registered with UBS Financial Services Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, UBS Financial Services Inc. may be liable for investment or other losses suffered by Debra Bushman’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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