Gregory Alan Voigt Alleged Unsuitable Investment Recommendations, Excessive Trading, & Misrepresentation
Gregory Voigt allegedly engaged in unsuitable investment recommendations, excessive trading and misrepresentation, all according to a customer complaint disclosed in publicly available records maintained by the Financial Industry Regulatory Authority (FINRA).
The investor rights lawyers at Goldman Scarlato & Penny law firm are investigating Mr. Voigt’s conduct to determine whether any investors may have claims for alleged unsuitable investment recommendations, excessive trading and misrepresentations may contact investor rights attorney Alan Rosca to provide information or inquire about their legal options.
Gregory Voigt, who has been registered with UBS Financial Services, Inc. in Providence, RI since May 23, 2016, was the subject of a customer dispute filed on July 31, 2017.
Gregory Voigt Was the Subject of a Customer Dispute Requesting Damages of $700,000
Gregory Voigt was the subject of customer dispute filed on July 31, 2017 which alleged unsuitable investment recommendations, excessive trading and misrepresentation, and requested damages of $700,000, FINRA notes.
Gregory Voigt has worked for 29 years in the securities industry, and also worked for Merrill Lynch, Pierce, Fenner & Smith Incorporated in Providence, RI from October 19, 1988 to May 24, 2016, FINRA states.
During said time Voigt was also the subject of a customer dispute which was settled on February 6, 2001. Said claim alleged misrepresentation regarding the tax aspects of the product and was settled for $3,007.42, FINRA notes.
Voigt is a registered broker and investment adviser with 14 US states and territories including California, Connecticut, Delaware, the District of Columbia, Florida, Maine, Massachusetts, New Hampshire, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina and Washington, FINRA states.
Brokerage firms such as UBS Financial Services have a responsibility to adequately supervise all of their registered representatives who are employed through their firm, to prevent violations of securities rules and regulations. Brokerage firms also must initiate action to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. If and when brokerage firms fail to adequately supervise their registered representatives, they may be held liable for investment losses sustained by customers.
Securities Lawyer Investigating
The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Gregory Voigt’s alleged engaged in unsuitable investment recommendations, excessive trading and misrepresentation. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to securities class actions.
If you or a loved one or a friend has lost money investing with Gregory Voigt, you may contact attorney Alan Rosca or his colleagues for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at firstname.lastname@example.org, or through the contact form on this webpage.