Matthew Stern Buchsbaum, Broker with UBS Financial Services, Named in Customer Dispute Alleging Misrepresentation and Unsuitability

INVESTORS: UBS Financial Services broker Matthew Stern Buchsbaum was named in a customer dispute alleging misrepresentation and unsuitability.

Matthew Stern Buchsbaum (CRD: 2220565) is registered as a broker and investment adviser with UBS Financial Services, where he’s been employed since 2015. Previously, Buchsbaum was registered as a broker and investment adviser with Credit Suisse from 2003 until 2015. 

Buchsbaum has 32 disclosures on his BrokerCheck report. Three customer disputes filed against Buchsbaum were withdrawn. Four customer disputes filed against Buchsbaum were denied. All of Buchsbaum’s customer disputes have settled since 2019. The disclosures filed in 2022 are included below.

October 2022 Customer Dispute

Status: Pending

Allegations: Time Frame: January 02, 2018 to October 21, 2022 What were the allegations against the individual? The client alleges the Yes program was unsuitable and misrepresented. The alleged damages are estimated to be in excess of $5,000.00.

August 2022 Customer Dispute

Status: Pending

Allegations: Time frame: 2015 – present Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

Damage Amount Requested: $1,400,000.00

July 2022 Customer Dispute

Status: Pending

Allegations: Time frame: 2017 – present Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

Damage Amount Requested: $750,000.00

The Sonn Law Group is currently investigating allegations surrounding Matthew Stern Buchsbaum. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.