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
  • Carlson Law Files Claim Involving Sam Jacobs of Key Investment Group

    Carlson Law recently filed a case on behalf of an investor against LaSalle St. Securities involving the actions of Winter...

    Read More
  • Ariel Rivero: FINRA Sanctions Former Jeffries Advisor

    Coral Gables, Florida financial advisor Ariel Rivero (CRD# 4236679) was recently sanctioned and suspended in connection with alleged rule violations....

    Read More
  • Joshua Cox: $80K Complaint Against Everest Wealth Advisor

    Greenwood Village, Colorado financial advisor Joshua Cox (CRD# 6137037) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial...

    Read More
  • Paul Snow: NewEdge Advisor Resigned from Raymond James

    Former Covington, Louisiana broker Paul Snow (CRD# 2963153) recently resigned from Raymond James Financial Services in connection with alleged rule...

    Read More
  • Previous
  • Next