There are options for customers of UBS Financial Services Inc. broker Michael Meniktas (CRD# 3186445) who suffered investment losses. He has been registered with UBS Financial Services Inc. in Walnut Creek, California, since 2008.
Michael Meniktas Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
July 2024. “Time frame: 2015-2023 Allegations: Claimant alleges his financial advisor made an unsuitable recommendation to invest in a complex life insurance investment strategy, in a selling away scheme.” The customer is seeking $1,036,306 in damages, and the case is currently pending. The complaint was regarding split-dollar life insurance.
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 Michael Meniktas’ 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
