Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 28, 2018 indicate that California-based UBS Financial Services broker/adviser Bhadresh Shah has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Shah (CRD# 1636264).
Bhadresh Shah has spent 31 years in the securities industry and has been registered with UBS Financial Services in Pasadena, California since 2012. Previous registrations include Merrill Lynch in Pasadena, California (1988-2012) and Pruco Securities Corporation (1987-1988). He has passed seven securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 8, 1997; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 24, 1988; Series 31 (Futures Managed Funds Examination), which he obtained on April 22, 2005; Series 7 (General Securities Representative Examination), which he obtained on February 20, 1988; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on March 26, 1987; Series 10 (General Securities Sales Supervisor – General Module Examination), which he obtained on September 20, 2007; and Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on September 5, 2007. He is a registered broker and investment adviser with 17 US states and territories: Arizona, Arkansas, California, Florida, Georgia, Illinois, Massachusetts, Montana, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Utah, the Virgin Islands, and Washington.
According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.
In March 2018 a customer alleged Bhadresh Shah, while employed at UBS Financial Services, made unethical and illegal trades, committed breakpoint violations, and participated in “rights of accumulation and letter of intent violations.” The customer is seeking more than $157,200 in damages in the pending complaint.
In 2010 a customer alleged Bhadresh Shah, while employed at Merrill Lynch, misrepresented material facts related to the value and management fees associated with an investment in commodity options. The customer sought unspecified damages in the complaint, which was denied.
If you have lost money investing with Bhadresh Shah, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.