RAFAEL DAVID RODRIGUEZ

RAFAEL DAVID RODRIGUEZ is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INCORPORATED OF PUERTO RICO located at 250 MUNOZ RIVERA AVENUE, SAN JUAN, PR, 00918.

RAFAEL DAVID RODRIGUEZ has worked at UBS FINANCIAL SERVICES INCORPORATED OF PUERTO RICO since July 21, 2008

Disclosure History

RAFAEL DAVID RODRIGUEZ has 5 Disclosure Event(s).

Date: March 26, 2018
Category: Customer Dispute
Allegations: Time frame: 2008 - present Claimant alleges her investments in Puerto Rico closed-end funds and Puerto Rico Government Bonds were unsuitable, over concentrated, and misrepresented as safe investments.
Damage Amount Requested: $575,000.00
Broker Comment: A Denied customer complaint evolved into Arbitration - as named in body.

Date: September 06, 2016
Category: Customer Dispute
Allegations: Time frame: unspecifiedClaimants allege misrepresentations, unsuitability, and over concentration concerning their investments in closed-end funds and Puerto Rico municipal bonds.
Damage Amount Requested: $6,780,000.00

Date: March 03, 2016
Category: Customer Dispute
Allegations: Time Frame: unspecifiedClaimant alleges misrepresentations, unsuitability, and over concentration concerning her investments in closed-end funds.
Damage Amount Requested: $800,291.99
Settlement Amount: $150,000.00

Date: September 25, 2015
Category: Customer Dispute
Allegations: Time Frame: July 31, 2013 through Present Claimants allege unsuitable recommendations and misrepresentations in connection with their purchases of Puerto Rico closed-end municipal bond funds.
Damage Amount Requested: $546,023.49

Date: June 27, 2014
Category: Customer Dispute
Allegations: TIME FRAME: 2008-PRESENT. CLAIMANTS ALLEGE MISREPRESENTATIONS AND UNSUITABILITY IN CONNECTION WITH THEIR PURCHASES OF CLOSED-END BOND FUNDS, AND ALLEGE THEY WERE UNSUITABLY CONCENTRATED IN PREFERRED STOCK ISSUED BY TWO FINANCIAL SERVICES COMPANIES.
Damage Amount Requested: $1,300,000.00
Settlement Amount: $60,000.00
Broker Comment: THESE ALLEGATIONS WILL BE PROVEN TO HAVE NO MERIT. I HAVE BEEN THE FINANCIAL ADVISOR FOR THIS CLIENT SINCE 1993. I HAVE DISCUSSED THE INVESTMENTS WITH THE CLIENT AND MET REGULARLY, SOMETIMES WEEKLY, WITH THE CLIENT. I DENY ALL THE ALLEGATIONS AND WILL SEEK TO CLEAR MY NAME AND RECORD.

More Information

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

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