Eladio Santiago, Formerly of UBS Financial, Named in Two Customer Disputes Alleging Unsuitability

One of the disputes is seeking $350K in damages.

The Sonn Law Group is investigating allegations that Eladio Santiago recommended unsuitable investments. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Eladio Arturo Santiago (CRD#: 3060628) is currently registered as an investment adviser and broker with Cambridge Investment Research in Fulton, Maryland. Previously, Santiago was registered as an investment adviser and broker with UBS Financial Services in Baltimore, Maryland from 2012 until 2018.

Santiago has three disclosures on his BrokerCheck report.

February 2020 Customer Dispute

• Status: Pending
• Allegations: “Time frame: 2014-present Claimant’s counsel alleges unsuitability and mismanagement with respect to recommendations and handling of accounts.”
• Broker Comment: “RR vehemently denies each and all claims.”

August 2019 Customer Dispute

• Status: Pending
• Allegations: “Time frame: November 2012 – October 2018 Claimant’s counsel alleges unsuitability and mismanagement with respect to recommendations and handling of accounts.”
• Damage Amount Requested: $350,000.00
• Broker Comment: “The advisor denies all claims.”

December 2002 Customer Dispute

• Status: Closed – No Action
• Allegations: “Customers allege unsuitable transactions in their accounts.”
• Damage Amount Requested: $756,000.00
• Broker Comment: “Merrill Lynch and Eladio Santiago denied all claims.”

Contact Us Today

The Sonn Law Group is currently investigating allegations that Eladio Santiago made unsuitable investment recommendations. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.