DID JOSE DAVID MENDEZ PEREZ CAUSE YOU INVESTMENT LOSSES?
Jose Mendez Perez Of UBS Financial Services Inc. Has 27 Customer Complaints For Alleged Broker Misconduct
About Jose Mendez Perez of UBS Financial Services Inc.?
Jose Mendez Perez (CRD #2945273) has substantial experience in the financial services industry, currently employed by UBS Financial Services Inc. since May 2003. He is registered with 10 Self-Regulatory Organizations (SROs) and licensed in 2 U.S. states and territories. His career began in June 1998 at Doral Securities, Inc., followed by positions at Prudential Securities Incorporated and UBS Financial Services Incorporated of Puerto Rico. Mendez Perez has passed two general industry/product exams: the Securities Industry Essentials Examination in October 2018 and the General Securities Representative Examination in June 1998. His qualifications reflect a focused career in securities with consistent registration across major exchanges and regulatory bodies.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jose Mendez Perez Customer Complaints and Reviews
Total Disclosures: 27 Customer Disputes (1 pending, 26 settled)
- Total Disclosures: 27 Customer Disputes (1 pending, 26 settled)
- Settlement Examples:
- Date: 03/17/2020; Allegations: Investments in Puerto Rico municipal bonds were unsuitable and misrepresented; Settlement Amount: $150,000.
- Date: 03/26/2020; Allegations: Unsuitable recommendations and over-concentration in Puerto Rico Bonds; Settlement Amount: $40,000.
- Date: 01/22/2020; Allegations: Misrepresentation and over-concentration in Puerto Rico municipal bonds; Settlement Amount: $125,000.
- Date: 01/02/2020; Allegations: Unsuitable investment in Puerto Rico Bonds; Settlement Amount: $25,000.
- Date: 11/13/2019; Allegations: Over-concentration in Puerto Rico Closed-End Bond Funds; Settlement Amount: $40,000.
These disputes generally involve claims of unsuitability, misrepresentation, and over-concentration, particularly with investments in Puerto Rico bonds and funds.
Allegations Against Jose Mendez Perez
The allegations against Jose David Mendez Perez primarily center around his recommendations concerning Puerto Rico bonds and closed-end funds, which claimants allege were often unsuitable and over-concentrated. Here are details from notable cases:
- Allegation (03/17/2020): Claimants allege that the investments in Puerto Rico municipal bonds were unsuitable and misrepresented as safe, leading to a $150,000 settlement.
- Allegation (01/22/2020): Complaint about over-concentration and unsuitability in Puerto Rico municipal bonds, with a settlement amount of $125,000.
- Allegation (01/02/2020): Over-concentration in Puerto Rico Bonds and Closed-End Funds, resulting in a $25,000 settlement.
- Allegation (11/13/2019): Misrepresentation of risks associated with Puerto Rico Closed-End Bond Funds, settled for $40,000.
- Allegation (05/30/2019): Unsuitable recommendation of Puerto Rico municipal bonds, settled for $70,000.
Jose Mendez Perez Red Flags & Your Rights As An Investor
Of course, Jose Mendez Perez 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 Jose Mendez Perez at UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Jose Mendez Perez 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 firms’ 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 Jose Mendez Perez
If you have questions about UBS Financial Services Inc. and/or Jose Mendez Perez 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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