Advisor Alert: Our Attorneys Are Investigating Michael Mcrae Dellinger For Investment Fraud
Did You Lose Money Because of Michael Dellinger?
Filed: March 20, 2024
Michael Dellinger (also known as Michael Mahae Dellinger, Michael Mcrae Dellinger Mr) 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 Michael Mcrae Dellinger.
Who Is Michael Mcrae Dellinger of UBS Financial Services Inc.?
- Advisor Name: Michael Mcrae Dellinger
- Aliases: Michael Mahae Dellinger, Michael Mcrae Dellinger Mr
- CRD: 4558550
- Location: Houston, Texas
- Current Employer: UBS Financial Services Inc.
- Previous Firms: Morgan Stanley & Co. Incorporated
- Number of Known Customer Complaints: 4
- Can Michael Dellinger Be Sued: Yes, in Private Arbitration
- Can Michael Dellinger’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,580,000
- Highest Settlement: $697,080
If you have suffered investment losses by Michael Dellinger, 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 Michael Dellinger For Broker Misconduct
As of this publication date, Michael Dellinger has been the subject of 4 customer disputes. Let’s review them below.
In November 2022, a FINRA arbitration was filed against or in reference to Michael Dellinger by multiple customers of UBS Financial Services Inc. alleging unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy. Per the customers, they lost over $1,580,000 because of Mr. Dellinger’s actions. On December 22, 2022, Mr. Dellinger settled the claim for $670,329, and some or all of this amount may have been paid by Mr. Dellinger’s employer and/or insurance carrier.
In October 2022, a FINRA arbitration was filed against or in reference to Michael Dellinger by a customer of UBS Financial Services Inc. alleging unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy. Per the customer, he/she lost over $1,300,000 because of Mr. Dellinger’s actions. On December 22, 2022, Mr. Dellinger settled the claim for $697,080, and some or all of this amount may have been paid by Mr. Dellinger’s employer and/or insurance carrier.
In October 2022, a FINRA arbitration was filed against or in reference to Michael Dellinger by a customer of UBS Financial Services Inc. alleging unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy. Per the customer, he/she lost over $1,194,000 because of Mr. Dellinger’s actions. On December 22, 2022, Mr. Dellinger settled the claim for $512,427, and some or all of this amount may have been paid by Mr. Dellinger’s employer and/or insurance carrier.
In December 2019, a FINRA arbitration was filed against or in reference to Michael Dellinger by a customer of UBS Financial Services Inc. alleging unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy. Per the customer, he/she lost over $500,000 because of Mr. Dellinger’s actions. On February 16, 2023, Mr. Dellinger settled the claim for $175,000, and some or all of this amount may have been paid by Mr. Dellinger’s employer and/or insurance carrier.
How To File A Claim Against Michael Dellinger of UBS Financial Services Inc. (previously with Morgan Stanley & Co. Incorporated) To Get Your Money Back
If you have questions about Michael Dellinger, UBS Financial Services Inc., Morgan Stanley & Co. Incorporated, 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.