UBS Financial Services Inc. broker and investment advisor Steve Liddell (CRD# 1509609) faces a customer complaint related to the UBS options overlay strategy losses. He has been registered with UBS Financial Services Inc. in Plano, Texas, since 2008. He is also a Senior Vice President in the Liddell Wealth Management Group.
Previously, he was registered with Morgan Stanley in Dallas, Texas, since 1986.
Steve Liddell Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
August 2023. “Time frame: 2018-2019 Allegations: Claimants allege unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.” The case is currently pending. The customer is seeking $100,000 to $500,000 in damages, and the complaint was regarding an in-house wrap fee.
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 Steve Liddell’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.
"*" indicates required fields
