MAYNARD LEE ENGEL is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 1285 AVENUE OF THE AMERICAS, 15 THRU 18TH FLOORS, NEW YORK, NY, 10019.
MAYNARD LEE ENGEL has worked at UBS FINANCIAL SERVICES INC. since January 23, 2009
Disclosure History
MAYNARD LEE ENGEL has 2 Disclosure Event(s).
Date: September 15, 2010 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES UNSUITABLE INVESTMENT RECOMMENDATIONS AND MISREPRESPRESENTATION AND OMISSION OF MATERIAL FACTS. Damage Amount Requested: $100,000.00 Settlement Amount: $13,000.00 Broker Comment: I WAS NOT NAMED AS A RESPONDANT OR DEFENDANT IN THIS SUIT BY THE COMPLAINANT. THE FOREGOING ARBITRATION WAS SETTLED AT MEDIATION FOR FAR LESS THAN THE AMOUNT ORIGINALLY CLAIMED BY THE CLIENT. MERRILL LYNCH, WHICH DENIED ALL OF THE CLAIMS ASSERTED BY THE CUSTOMER, DID NOT ACKNOWLEDGE OR ADMIT ANY LIABILITY OR WRONGDOING AND RESOLVED THIS ISSUE STRICTLY TO AVOID THE POTENTIAL COST AND UNCERTAINTIES OF THE ARBITRATION FORUM. FINALLY, I DID NOT, NOR WAS I ASKED TO PERSONALLY CONTRIBUTE ANY AMOUNT TOWARDS THE SETTLEMENT OF THIS CASE.
Date: September 23, 2000 Category: Customer Dispute Allegations: CLAIMANT ALLEGES MISREPRESENTATION, NEGLIGENCE, FRAUD, BREACH OF FIDUCIARY DUTY, UNSUITABLE, UNAUTHORIZED AND EXCESSIVE TRADING IN HIS INVESTMENT ACCOUNTS. Damage Amount Requested: $1,000,000.00 Settlement Amount: $265,000.00
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