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Leo Monahan (UBS Financial) Complaints

Leo MonahanThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding New York-based UBS broker/adviser Leo Monahan (CRD# 1966538).

Leo Monahan has spent 26 years in the securities industry and has been registered with UBS Financial Services in Garden City, New York since 2004. Previous registrations include Merrill Lynch in New York, New York (1990-2004) and McLaughlin Piven Vogel Securities in New York, New York (1989-1990). He is a registered broker and investment adviser with nineteen US states and territories.

According to his BrokerCheck report, Leo Monahan is the subject of three customer complaints and four denied customer complaints.

In 2012 a customer alleged Leo Monahan, while employed at UBS Financial Services, over-concentrated her account in energy stocks. The customer sought unspecified damages in the complaint, which was denied.

In 2009 a customer alleged Monahan, while employed at UBS Financial Services, unsuitably over-concentrated equities in their managed account. The complaint settled in 2011 for $105,000.

In 2008 a customer alleged Leo Monahan, while employed at UBS Financial Services, recommended unsuitable junk bonds. The customer sought unspecified damages in the complaint, which was denied.

In 2003 a customer alleged Monahan, while employed at Merrill Lynch, made unsuitable and unauthorized transactions. The customer sought $1,000,000 in damages in the complaint, which was denied.

In 2002 a customer alleged Leo Monahan, while employed at Merrill Lynch, recommended unsuitable investments and misrepresented material facts. The complaint settled for more than $10,800.

Also in 2002 a customer alleged Leo Monahan, while employed at Merrill Lynch, recommended unsuitable mutual fund investments. The complaint settled for $32,500.

In 2000 a customer alleged Leo Monahan, while employed at Merrill Lynch, made investments that were too risky. The customer sought unspecified damages in the complaint, which was denied.

If you have suffered losses while investing with Leo Monahan, you may be entitled to a recovery. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.