Nicolas Barrios Formerly of UBS Financial Services Barred for Failure to Cooperate With FINRA

Nicolas Barrios Was Recently Terminated By UBS Financial Services for Selling Away

If you’ve lost money investing with Nicolas Barrios or UBS Financial Services, you may have a claim. Contact Sonn Law today by filling out our form to submit a confidential message, or call us anytime at 866–827–3202 to schedule a free consultation.

Nicolas Jesus Barrios (CRD#: 2122824) is a previously registered broker and investment advisor (RIA). From 2008 to 2019, Mr. Barrios was employed at UBS Financial Services in Winter Haven, Florida. In April, he was terminated by the brokerage firm following allegations that he engaged in improper selling away.

On June 11th, 2019, Mr. Barrios was permanently barred by FINRA after he knowingly refused to cooperate with an investigation into allegations of misconduct that have been raised against him — this is a violation of FINRA Rule 8210.

Barred Broker: Former UBS Financial Services Representative Nicolas Barrios

In addition to being barred from the securities industry, Nicolas Barrios is also facing at least one investor complaint related to allegations that he sold away from his member firm. A customer of UBS Financial Services filed a claim alleging that Mr. Barrios:

● Put her money into risky stocks that were simply not suitable for her given her age and investment objectives;

● Traded her funds outside of the oversight of UBS without her knowledge or permission; and

● Made unauthorized stock trades and transactions.

This investor is seeking an undisclosed amount of financial compensation. As of June of 2019, the Financial Industry Regulatory Authority (FINRA) lists this complaint as ‘pending’.

Jeffrey R. Sonn is a dedicated securities fraud lawyer. If you suffered illegitimate investment losses because of former UBS Financial representative Nicolas Barrios, Mr. Sonn is ready to help. Please contact our legal team right away for a free case evaluation.