Close Menu
Free Consultation: 888-976-6111

Sumaya Musa: UBS Financial Advisor Has Four Complaints

Sumaya Musa of UBS Financial Services in Miami, Florida, has four customer complaints on her regulatory report maintained by the Financial Industry Regulatory Authority (FINRA). All four complaints are from May 2014 to October 2015 and appear to relate to Puerto Rico closed-end bond funds and municipal bonds.

The first complaint, dated May 22, 2014, alleged $800,000 of damages. The customer alleged, “Misrepresentation and unsuitability in connection with their purchases of closed-end bond funds.” That claim settled for $195,000.

The second complaint, dated June 16, 2014, alleged “Misrepresentation and unsuitability in connection with purchases of municipal bonds.” That claim settled for $95,000.

The third complaint, dated July 14, 2014, alleged “Misrepresentation and unsuitability in connection with their purchases of closed-end bond funds.” That claim settled for $100,000.

The latest complaint, dated October 26, 2015, alleged “misrepresentations, unsuitability, and over concentration concerning their investments in Puerto Rico municipal bonds and closed-end funds” and damages of $180,000. That claim is still pending in FINRA arbitration.

Prior to being licensed with UBS in Miami, Sumaya Musa was licensed with Citigroup in Puerto Rico.

If you lost money due to unsuitable investments, please call us at 888-976-6111 for a free consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Kirsten Gillen: $1.7mm Complaint Against Northwestern Advisor

    Minneapolis, Minnesota financial advisor Kirsten Gillen (CRD# 5981051) allegedly failed to act in her customers’ best interest, according to a...

    Read More
  • Eric Kleiner: Barred Morgan Stanley Advisor Lands 6-Figure Complaints

    The former New York City-based financial advisor Eric Kleiner (CRD# 4135180) has received multiple investor complaints alleging that he recommended...

    Read More
  • Tony Hazen: Fraud Complaint Against Vistia, Ex-Patrick Capital Advisor

    A recent investor complaint against Lone Tree, Colorado financial advisor Tony Hazen (CRD# 2384836) alleges that he committed fraud and...

    Read More
  • David Engel: Wells Fargo Advisor Faces $1mm Complaint

    A recent investor complaint against Philadelphia, Pennsylvania financial advisor David Engel (CRD# 4909432) alleges that he made unauthorized transfers. Financial...

    Read More
  • Previous
  • Next