National investment loss lawyers KlaymanToskes is investigating barred broker John Sommo (CRD# 3141638) of UBS Financial Services Inc.
According to FINRA BrokerCheck, John Sommo, formerly of UBS Financial Services Inc. is currently facing a pending customer complaint alleging unsuitable and speculative investment recommendations, including master limited partnerships in the energy sector. The complaint further alleges that the customers were conservative investors. Sommo has been permanently barred from acting as a broker by FINRA.
Investors that suffered losses with broker John Sommo are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Former UBS financial advisor John Sommo is currently involved in a customer complaint alleging recommendations in unsuitable and speculative investments, including master limited partnerships in the energy sector. The customers allege unsuitability in that they were conservative investors. Sommo was permanently barred by FINRA in April 2021, following allegations that he failed to respond to FINRA’s requests for information related to FINRA’s Notice of Suspension and Suspension from Association letters dated December 31, 2021 and January 24, 2022. According to FINRA BrokerCheck, John Sommo was registered with UBS Financial Services from May 2009 to October 2020, in New Haven, CT.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker John Sommo, or have concerns regarding your investment portfolio at UBS Financial Services Inc, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.