Meyer Wilson is investigating allegations that Anthony Patrick Brookfield, a California-based securities broker registered with UBS Financial Services, engaged in misconduct that caused his clients to suffer substantial investment losses.
Brookfield and UBS are subjects of a recently-filed customer complaint that was filed with FINRA. The complaint alleges that Brookfield recommended unsuitable investments and made misrepresentations relating to an options overlay strategy. The complaints seeks damages of $7,000,000.
Options trading can be highly risky and therefore is often unsuitable for many investors, especially seniors. If brokers sell unsuitable investments or engage in other misconduct, then they and their employer may be held legally responsible for customers’ losses.
If you feel that Brookfield recommended you unsuitable investments, contact us today for a free consultation to discuss your legal options. Meyer Wilson offers a completely free, no-pressure consultation so that you can learn about your rights to recovery after securities fraud, stockbroker misconduct, or investment fraud. All of our cases are handled on a contingency fee basis, so we don’t get paid for our work unless we’re successful in recovering money on your behalf.