Sep 7, 2025 | By Robert Pearce | Read Time: 2 minutes | Category Name |

DID RICHARD ROY GRASSEY JR CAUSE YOU INVESTMENT LOSSES?

Richard Grassey Customer Complaints and Reviews

There is one customer dispute (CRD #1249689), on record against Richard R. Grassey Jr. Details are as follows:

  • Date Filed: December 2, 2024
  • Complaint: The claimant’s counsel alleges that UBS Financial Services Inc. failed to conduct proper due diligence on a fund of funds, which was allegedly unsuitable for any investor. It is claimed that all relevant risks were not adequately disclosed.
  • Timeframe of Alleged Misconduct: January 2011 – 2023
  • Product: Alternative Investments
  • Claimed Damages: $3,500,000
  • Status: Pending under FINRA Arbitration Case # 24-01773

Allegations Against Richard Grassey

  • The pending customer dispute involves an allegation of inadequate due diligence by UBS Financial Services Inc. regarding an alternative investment product. The complaint suggests that the investment was unsuitable for any investor and that material risks were not disclosed.
  • The damages claimed amount to $3.5 million, which is a substantial sum and indicates the severity of the allegations.
  • Grassey states that he handled only one of the customer accounts in question and that he was included in the dispute due to FINRA reporting requirements, despite there being no direct allegations against him.

Richard Grassey Red Flags & Your Rights As An Investor

Of course, Richard Grassey did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Richard Grassey at UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Richard Grassey has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at (833) 300-6983. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at (833) 300-6983.

File A Claim To Recover Your Investment Losses At UBS Financial Services Inc.  Due To Richard Grassey

If you have questions about UBS Financial Services Inc. and/or Richard Grassey and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-(833) 300-6983.

Rate this Post