LOUIE A. ANTHONY VALDEZ is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 3011 TOWNSGATE ROAD, SUITE 300, WESTLAKE VILLAGE, CA, 91361.
LOUIE A. ANTHONY VALDEZ has worked at UBS FINANCIAL SERVICES INC. since September 16, 1991
Disclosure History
LOUIE A. ANTHONY VALDEZ has 4 Disclosure Event(s).
Date: December 05, 2008 Category: Customer Dispute Allegations: TIME FRAME: 2008. CLIENT ALLEGES MISREPRESENTATION, UNAUTHORIZED OPENING OF A MARGIN ACCOUNT AND FAILURE TO FOLLOW INSTRUCTIONS REGARDING THE PLACEMENT OF FUNDS AS THEY HAD BEEN OVERDISPURSED. Damage Amount Requested: $20,000.00 Broker Comment: WHILE [CUSTOMER] WAS A CLIENT OF UBS AND I WAS A UBS FINANCIAL ADVISOR, HE GAVE ONGOING WRITTEN INSTRUCTIONS TO ME AND UBS TO DISPURSE FIXED AND RECURRING AMOUNTS FROM HIS ACCOUNT. HE AUTHORIZED THESE WITHDRAWALS AND WAS COMPLETELY AWARE OF THESE INSTRUCTIONS AND MADE INDEPENDENT DECISIONS ON THE PAYOUTS FROM HIS ACCOUNT.
Date: January 17, 2002 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT THE TERMS OF STEPDOWN CDS WERE "MISREPRESENTED" AND THAT FA VALDEZ GAVE "UNSUITABLE INVESTMENT ADVICE." DAMAGES ESTIMATED TO EXCEED $5000. Settlement Amount: $1,943.00 Broker Comment: [CUSTOMER] CLAIMED TO BE A CD INVESTOR FOR MANY YEARS. SHE WAS MADE AWARE THE TERMS OF THE NON-CALLABLE CDS OFFERED BY UBS PAINEWEBBER. SHE RECEIVED A CONFIRMATION DETAILING THE AMOUNT, INTEREST RATE, AND MATURITY OF THE NON-CALLABLE CDS'. [CUSTOMER] ALSO RECEIVED A PROSPECTUS FOR EACH NON-CALLABLE CD PURCHASE AS WELL AS "AN INVESTORS'S GUIDE TO NON-CALLABLE CDS'OFFERED BY THE FIRM.
Date: December 08, 1999 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT ALTHOUGH HE AUTHORIZED THE PURCHASE OF THE CDS AT ISSUE HE DID NOT REALIZE THAT THE TERM WAS 18 YEARS. NO DAMAGES SPECIFIED, BUT CDS HAVE DECLINED IN VALUE BY $7100. Settlement Amount: $7,169.70 Broker Comment: CUSTOMER'S PURCHASED TWO FEDERALLY INSURED CERTIFICATES OF DEPOSIT. ON NOVEMBER 12, 1998 THE CLIENT STARTED TO EXPERIENCE SEVERAL HEALTH PROBLEMS WHICH HAVE CONTINUED TO THIS DATE. ON NOVEMBER 1, 1999, CUSTOMER'S COMPLAINED TO THE BRANCH MANAGER ABOUT THE DURATION OF THE CD'S. IN VIEW OF THEIR HEALTH PROBLEMS AND IN THE INTEREST OF CLIENT RELATIONS, THE BRANCH MANAGER CANCELLED THE TRADES AND REIMBURSED THEIR FULL PURCHASE VALUE.
Date: October 09, 1998 Category: Customer Dispute Allegations: THE CLIENT ALLEGES THAT THE PAINEWEBBER IEMISREPRESENTED THE TAX CONSEQUENCES OF CHANGING ANNUITIES.ALLEGED DAMAGES $13,000. TIME NOT SPECIFIED. Damage Amount Requested: $13,000.00 Settlement Amount: $16,500.00 Broker Comment: PAINEWEBBER SETTLED THE MATTER FOR $16,500I AM NOT A QUALIFIED TAX PROFESSIONAL AND NEVERPRESENTED MYSELF AS SUCH TO THE CLIENT. NEITHER PAINEWEBBERNOR LOUIS A VALDEZ GIVES TAX ADVISE TO CLIENTS.
More Information
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