There are options for customers of UBS Financial Services Inc. broker Nick Polydoros (CRD# 1109056) who suffered investment losses. Polydoros has been registered with UBS Financial Services Inc. in Scottsdale, Arizona since 2011.
Polydoros has been the subject of two customer complaints between 1998 and 2021, one of which was denied, according to his CRD report:
February 2021. “Time frame: Starting in 2018 Claimants’ counsel alleges unsuitability of certain investments, and that such investments resulted in principal losses.” The customer is seeking $525,000 in damages and the case is currently pending. The complaint was regarding equities.
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 Polydoros’ 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.