Were you the victim of UBS Financial Services broker Gregory Foster (CRD# 1532735)? He has been registered with UBS Financial Services in Wayzata, Minnesota, since 2010.
Gregory Foster Customer Complaints
He has been the subject of four customer complaints between 2001 and 2023, according to his CRD report. The most recent complaints were regarding:
March 2023. “Time Frame: February 22nd, 2023 to March 9th, 2023 What were the allegations against the individual? The client alleges that the FA failed to timely file a required form 144 that caused his trade to be canceled. Due to this cancellation, the client suffered a significant loss.” The customer sought $300,000 in damages, and the case was settled for $326,111. The complaint was regarding equities investment losses.
March 2020. “Time Frame: March 17, 2020 to March 19, 2020 What were the allegations against the individual? The client alleges his instructions to liquidate his account were not followed.” The customer sought $575,000 in damages, and the case was settled for $466,625.37. The complaint was regarding managed wrap accounts.
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 may be liable for investment or other losses suffered by Gregory Foster’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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