MARK DAVID GILBERT is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 525 OKEECHOBEE BLVD, SUITE 1500, WEST PALM BEACH, FL, 33401.
MARK DAVID GILBERT has worked at UBS FINANCIAL SERVICES INC. since August 29, 2017
Disclosure History
MARK DAVID GILBERT has 2 Disclosure Event(s).
Date: February 23, 2001 Category: Customer Dispute Allegations: AFTER INCURRING LOSSES IN HIS MANAGED ACCOUNT, CLIENT ALLEGED THAT MR. GILBERT, WHO HELD DISCRETION PURSUANT TO AN AN ADVISORY AGREEMENT, FAILED TO FOLLOW INSTRUCTIONS HE HAD ALLEGEDLY BEEN GIVEN NOT TO BEGIN INVESTING THEACCOUNT UNTIL SPECIFICALLY INSTRUCTED TO DO SO. Damage Amount Requested: $9,120.00 Broker Comment: NON-REPORTABLE. FILED MORE THAN 24 MONTHS AGO AND DID NOT RESULT IN A SETTLEMENT OF $10,000 OR MORE.
Date: April 06, 1990 Category: Customer Dispute Allegations: ACTUAL DAMAGES CLAIMED OF $895,000 Damage Amount Requested: $895,000.00 Damages Granted: $40,000.00 Broker Comment: AWARD ENTERED AGAINST MR. GILBERT FOR $40,000.[CUSTOMER] CLAIMED THAT WHILE MR. GILBERT WASAT DREXEL BURNHAM LAMBERT & SMITH BARNEY, HE CHURNED HERACCOUNT AND RECOMMENDED UNSUITABLE "JUNK BOND" INVESTMENTS.[CUSTOMER] CLAIMED ACTUAL DAMAGES OF $895,000. MR GILBERTDENIED ALL CLAIMS OF WRONGDOING. AFTER HEARING IN MAY, JULY ANDAUGUST OF 1991 THE PANEL ENTERED AN AWARD AGAINST MR. GILBERTIN THE AMOUNT OF $40,000. BY AGREEMENT BETWEEN THE PARTIES,THIS AMOUNT WILL BE PAID IN FULL BY DECEMBER 16,1991.
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