NEW YORK, NY
Have you lost money with financial advisor Joseph Whitney formerly of UBS Financial Services, in New York, New York? The Law Firm of Israels & Neuman is investigating allegations of former customers related to Joseph Whitney. He was suspended by the CFP Board (Certified Financial Planner Board of Standards) after he was named in a criminal matter. Whitney was charged with conspiring with his wife and others to defraud investors and allegedly raised money for a private real estate investment.
Joseph Whitney was a registered representative (CRD # 4593351) of UBS Financial Services from 2009 to May 2020. Whitney was also affiliated with Wedbush Securities from June 2020 to February 2021. He worked in offices in New York, New York and lived in Mahwah, New Jersey.
Brokerage firms like UBS Financial Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York and New Jersey. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past, including against UBS Financial Services.