DAN L LASTAVICH

DAN L LASTAVICH is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 80 SOUTH 8TH STREET, SUITE 2900, MINNEAPOLIS, MN, 55402.

DAN L LASTAVICH has worked at UBS FINANCIAL SERVICES INC. since August 12, 2006

Disclosure History

DAN L LASTAVICH has 4 Disclosure Event(s).

Date: May 12, 2004
Category: Customer Dispute
Allegations: CLIENT, VIA ATTORNEY, IN LETTER DATED 5/12/04, ALLEGES FINANCIAL ADVISOR MISHANDLED CLIENT'S INVESTMENT ACCOUNTS, RECOMMENDED UNSUITABLE INVESTMENTS AND PRESENTED CONFLICTED INVESTMENT ADVICE WITH RESPECT TO EQUITY INVESTMENT RECOMMENDATIONS ON STOCKS COVERED BY PIPER JAFFRAY RESEARCH ANALYSTS.
Damage Amount Requested: $200,000.00
Broker Comment: THIS CUSTOMER COMPLAINT IS NO LONGER REPORTABLE.

Date: November 06, 1996
Category: Customer Dispute
Allegations: APPLICANT WAS NAMED IN HIS CAPACITY ASDIRECTOR OF SALES IN CHARGE OF OF INDIVIDUAL INVESTOR SERVICESOR AS MANAGEMENT COMMITTEE MEMBER. THIS WAS NOT AGAINST HIM ASAN INDIVIDUAL INVESTMENT EXECUTIVE. A SUMMARY OF THEALLEGAITONS ARE LISTED BELOW
Damage Amount Requested: $20,000,000.00
Settlement Amount: $666,667.00
Broker Comment: [CUSTOMER] WAS PADI $666,667.00 FORRELEASE OF ALL CLAIMSNOT PROVIDED

Date: July 22, 1996
Category: Customer Dispute
Allegations: THE PLAINTIFF FILED A VERIFIED COMPLAINT WITHTHE OGALA SIOUX TRIBAL COURT DATED 22 JULY 1996. IT ALLEGESVIOLATIONS OF THE SECURITIES EXCHANGE ACT OF 1934, THEINVESTMENT ADVISERS ACT, THE SECURITIES ACT OF 1933, FRAUD,MISREPRESENTAITON, UNSUITABILITY, AND BREACH OF FIDUCIARY DUTYAGAINST THE DEFENDANTS IN RELATION TO ITS INVESTMENT IN PHIGX.THE [CUSTOMER] SEEKS UNSPECIFIED ACTUAL DAMAGES, PUNITIVEDAMAGES AND COSTS AND ATTORNEYS FEES.
Settlement Amount: $66,666.00
Broker Comment: [CUSTOMER] WAS PAID $66,666.00FOR RELEASE OF ALL CLAIMSTHE CLAIMANT PROVIDED 12 COURTESY COPIES OF THECOMPLAINT TO THE DEFENDANTS (WHICH WERE NEVER SERVED) ANDREPRESENTED THAT ALL COPIES OF THE COMPLAINT WERE IDENTICAL.APPLICANT WAS NAMED IN HIS CAPACITY AS DIRECTOR OF SALES INCHARGE OF INDIVIDUAL INVESTOR SERVICES OR AS A MANAGEMENTCOMMITTEE MEMBER. THIS WAS NOT AGAINST HIM AS AN INDIVIDUALINVESTMENT EXECUTIVE

Date: January 05, 1995
Category: Customer Dispute
Allegations: ALLEEGED VIOLATION OF FEDERAL SECURITIES LAWSSPECIFCALLY SECTIONS 11 AND 12 (2) OF THE SECURITIES ACT OF1933 AND SECTION 10(B) OF THE SECURITIES EXCHANGE ACT OF 1934AND THE SOUTH DAKOTA SECURITIES LAWA AND COMMITTED ACTS OFFRAUD AND BREACH OF FIDUCARY DUTY BY MISREPRESENTING ANDFAILING TO DISCLOSE CERTAIN INFORMAITON. ALLEGED DAMAGES ORCLAIMS: IN EXCESS OF $10,000. APPLICCANT WAS NAMED IN HISCAPACITY AS DIRECTOR OF SALES IN CHARGE OF INDIVIDUAL INVESTORSERVICES OF AS A MANAGEMENT COMMITTEE MEMBER THIS WAS NOTAGAINST HIM AS AN INDIVIDUAL INVESTMENT EXECUTIVE
Settlement Amount: $666,667.00
Broker Comment: [CUSTOMER] WAS PAID $666,667 FOR RELEASE OF ALL CLAIMSNOT PROVIDED

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

To view the full report for DAN L LASTAVICH, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.