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Broker, Benjamin Sax (UBS Financial Services) has Complaints

Benjamin Sax

The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against New York-based Merrill Lynch broker/adviser Benjamin Sax (CRD# 867486).

Benjamin Sax has spent 36 years in the securities industry and has been registered with Merrill Lynch in New York, New York since January 2009. Previous registrations include UBS Financial Services in New York, New York (2003-2009); Banc of America Securities in New York, New York (2001-2003); Bear Stearns & Company in New York, New York (1995-2001); Salomon Brothers Municipals (1992-1995); Salomon Brothers in New York, New York (1990-1995); Kidder Peabody in New York, New York (1984-1990); Laidlaw Adams & Peck (1981-1984); and J. Rothschild Unterburg Towbin (1979-1981). He is a registered broker and investment adviser in 32 US states and territories.

According to his BrokerCheck report, Benjamin Sax is the subject of one customer complaint and two denied customer complaints.

In 2009 a customer alleged Benjamin Sax, while employed at UBS Financial Services, made an unsuitable investment recommendation. The customer sought damages in excess of $5,000 in the complaint, which was denied.

In 2009 a customer alleged Benjamin Sax, while employed at UBS Financial Services, executed an unauthorized purchase of preferred stock between October 2007 and April 2009. The customer sought damages in excess of $5,000 in the complaint, which was denied.

In 2008 a customer filed a complaint against Benjamin Sax, while he was employed at UBS Financial Services, dealing with unspecified allegations in connection to an investment in auction rate securities. The complaint settled for $225,000.

If you have complaints regarding Benjamin Sax, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover lost funds. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.