DID DAISY A FENG CAUSE YOU INVESTMENT LOSSES?
Daisy Feng Of UBS Financial Services Inc. Has A Customer Complaint For Alleged Broker Misconduct
About Daisy Feng of UBS Financial Services Inc.?
Daisy Feng (CRD #3251105) has a complex background in the securities industry that could deter potential clients. Currently registered with UBS Financial Services Inc. since February 2016, her tenure in the financial world spans multiple reputable firms, including Merrill Lynch and HSBC. Despite passing three general industry/product exams and two multi-state securities law exams, Feng’s career is overshadowed by a settled customer dispute, suggesting a lapse in fulfilling her professional duties. Her experience across 9 U.S. states and territories while impressive, is marred by the negative implications of her customer dispute record.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Daisy Feng Customer Complaint and Reviews
- Customer Dispute (Settled)
- Date Complaint Received: May 30, 2023
- Allegations: The Trustee alleged that Feng failed to provide prior notice before purchasing an equity product on their behalf, which was not in line with the agreed investment strategy.
- Settlement Amount: $33,723.05, settled on August 2, 2023
- Outcome: Although the dispute was settled with the firm compensating the client, Feng did not personally contribute to the settlement. The firm’s decision to settle may reflect a business decision rather than an admission of fault, but it nonetheless raises questions about her advisory practices.
Allegations Against Daisy Feng
- Failed to Notify: Feng was accused of not notifying the trustee prior to making an investment decision, which contradicts standard practices for managing client accounts and ensuring transparent communication.
- Improper Transaction Handling: The issue involved an equity transaction that was apparently not aligned with the client’s expectations or investment profile, leading to financial dissatisfaction and the subsequent claim.
These concerns highlight potential risks in her handling of client investments and communication, which could be pivotal for prospective clients evaluating her services.
Daisy Feng Red Flags & Your Rights As An Investor
Of course, Daisy Feng did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Daisy Feng at UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Daisy Feng has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At UBS Financial Services Inc. Due To Daisy Feng
If you have questions about UBS Financial Services Inc. and/or Daisy Feng and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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