Advisor Alert: Our Attorneys Are Investigating Raymond Samuel Byers For Investment Fraud
Did You Lose Money Because of Raymond Byers?
Filed: February 19, 2024
Raymond Byers currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) 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 Raymond Samuel Byers.
Who Is Raymond Samuel Byers of UBS Financial Services Inc.?
- Advisor Name: Raymond Samuel Byers
- Aliases: Raymond Byers
- CRD: 2590926
- Location: Mishawaka, Indiana
- Current Employer: UBS Financial Services Inc.
- Previous Firms: Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Number of Known Customer Complaints: 2
- Can Raymond Byers Be Sued: Yes, in Private Arbitration
- Can Raymond Byers’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $600,000
- Highest Settlement: Unknown
If you have suffered investment losses by Raymond Byers, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Raymond Byers For Broker Misconduct
As of this publication date, Raymond Byers has been the subject of 2 customer disputes. Let’s review them below.
In August 2023, a FINRA arbitration was filed against or in reference to Raymond Byers by multiple customers of UBS Financial Services Inc. alleging unsuitability and misrepresentation in connection with a put options writing strategy, which resulted in principal losses. Per the customers, they lost over $600,000 because of Mr. Byers’s actions. As of this publication date, this claim remains pending.
In February 2012, a FINRA arbitration was filed against or in reference to Raymond Byers by a customer of UBS Financial Services Inc. alleging that Mr. Byers misrepresented a product to the participants of the plan. The client further alleges that the fees were not conveyed to the participants of the plan and would like all remaining surrender charges nullified.
How To File A Claim Against Raymond Byers of UBS Financial Services Inc. (previously with Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back
If you have questions about Raymond Byers, UBS Financial Services Inc., Merrill Lynch, Pierce, Fenner & Smith 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.