Advisor Alert: Our Attorneys Are Investigating Joseph P. Katzaroff For Investment Fraud
Did You Lose Money Because of Joseph Katzaroff?
Filed: February 21, 2024
Joseph Katzaroff (also known as Joseph Patrick Katzaroff) currently has one (1) pending customer complaint. Overall, he has been the subject of four (4) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Joseph P. Katzaroff.
Who Is Joseph P. Katzaroff of UBS Financial Services, Inc.?
- Advisor Name: Joseph P. Katzaroff
- Aliases: Joseph Patrick Katzaroff
- CRD: 1811119
- Location: Irvine, California
- Current Employer: UBS Financial Services, Inc.
- Previous Firms: Unknown
- Number of Known Customer Complaints: 4
- Can Joseph Katzaroff Be Sued: Yes, in Private Arbitration
- Can Joseph Katzaroff’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,000,000
- Highest Settlement: $110,000
If you have suffered investment losses by Joseph Katzaroff, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Joseph Katzaroff For Broker Misconduct
As of this publication date, Joseph Katzaroff has been the subject of 4 customer disputes. Let’s review them below.
In June 2023, a complaint was filed against or in reference to Joseph Katzaroff by a customer of UBS Financial Services, Inc. alleging unsuitability, citing that the advisor group failed to consider the trustee’s best interest when managing her portfolio. The Trustee further alleges that the advisor group did not execute investments or an investment strategy consistent with the strategy and goals of the Trustee. Per the customer, he/she lost over $1,000,000 because of Mr. Katzaroff’s actions. As of this publication date, this claim remains pending.
In April 2016, a complaint was filed against or in reference to Joseph Katzaroff by a customer of UBS Financial Services, Inc. alleging suitability, unauthorized trading, and a failure to disclose the risk of the investments.
In May 1999, a NASD arbitration was filed against or in reference to Joseph Katzaroff by multiple customers of Paine Webber alleging fraud, misrepresentation, unsuitability, and breach of fiduciary duty in mortgage company stocks from 2/97 to the present. Per the customers, they lost over $108,946.15 because of Mr. Katzaroff’s actions. On May 18, 1999, Mr. Katzaroff settled the claim for $73,000, and some or all of this amount may have been paid by Mr. Katzaroff’s employer and/or insurance carrier.
In March 1999, a complaint was filed against or in reference to Joseph Katzaroff by a customer of Painewebber alleging unsuitability and concentration in REITs including Crimi Mae, Impac Commercial Holdings and Meditrust. Per the customer, he/she lost over $232,698.87 because of Mr. Katzaroff’s actions. On October 16, 2000, Mr. Katzaroff settled the claim for $110,000, and some or all of this amount may have been paid by Mr. Katzaroff’s employer and/or insurance carrier.
How To File A Claim Against Joseph Katzaroff of UBS Financial Services, Inc. To Get Your Money Back
If you have questions about Joseph Katzaroff, UBS Financial Services, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.