National investment loss lawyers KlaymanToskes is investigating broker Mark Grueninger of UBS Financial Services (CRD #3031348).
According to FINRA BrokerCheck, Mark Grueninger of UBS Financial Services is currently facing an investor complaint filed in July 2024 alleging that he allowed the customers’ accountant to exceed the scope of his Power of Attorney, resulting in losses exceeding $1.8 million.
Investors that suffered losses with broker Mark Grueninger are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
A customer complaint has been filed against Beverly Hills financial advisor Mark Grueninger of UBS’ The Grueninger Group, alleging damages of more than $1 million. The complaint alleges that Grueninger, while employed by UBS Financial Services, allowed the customers’ accountant to exceed the scope of what was allowed by his Power of Attorney. This allegedly led to the unapproved use of the clients’ line of credit, causing losses of $1,885,552.
Mark Grueninger has 22 years of experience in the securities industry and has been employed with UBS Financial Services since 2014. He has also previously worked with Merrill Lynch, Banc of America, and UBS Painewebber, according to FINRA BrokerCheck records.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Mark Grueninger. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage 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 Mark Grueninger, or have concerns regarding your investment portfolio at UBS Financial Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.