Stockbroker Margaret Lech-Loubet (CRD# 1564472) from Florida is the subject
of pending Financial Industry Regulatory Authority (FINRA) investigations
regarding overconcentration allegations.
According to public records provided by FINRA’s BrokerCheck Report,
Margaret Lech-Loubet has two pending customer disputes regarding her investment choices.
She is currently registered with UBS Financial Services in Beverly Hills,
California, where she has been employed since July 2011.
Margaret Lech-Loubet was previously employed by several Los Angeles-based
companies. She was with Merrill Lynch, Pierce, Fenner & Smith Incorporated
from October 2009 to July 2011; and with both Banc of America Insurance
Services, Inc. and Banc of America Investment Services, Inc. from April
1999 to October 2009.
She was registered with NationsBanc Montgomery Securities LLC in New York,
NY from October 1998 to April 1999; BancAmerica Securities, Inc. in San
Francisco, CA from March 1996 to October 1998; BA Investment Services,
Inc. in Oakland, CA from June 1992 to March 1996; and GNA Securities,
Inc. in Richmond, VA from October 1991 to June 1992.
Two Complaints Regarding Unsuitability, Overconcentration
A complaint filed June 7, 2016 accuses Margaret Lech-Loubet of making investments
that were “unsuitable” and “over concentrated in the
energy sector” from 2014 to 2016. Margaret Lech-Loubet was employed
by UBS Financial Services, Inc. at the time. The claimants are seeking
alleged damages of $319,295.
The other complaint was filed Jan. 19, 2017 due to allegations Margaret
Lech-Loubet made investments in structured products that were not suitable.
The client alleges that while employed with UBS, Lech-Loubet made unsuitable
investments from June 23, 2014 through Nov. 20, 2015. The client alleges
Lech-Loubet said the structured products investments were “safer
than equities.” The client seeks $285,582 in alleged damages.
Allegations of Overconcentration
Investment brokers should ensure your money is invested in a balanced and
profitable portfolio. The stock market constantly changes. If your money
is tied up in one product or even one type of product, your risk of losing
large sums of money increases substantially.
If a broker heavily emphasizes one type of investment or security that
results in a significant loss to the investor, that broker and/or the
brokerage firm could be held liable for overconcentration.
Meyer Wilson has a strong history of aggressively pursuing successful claims
against even the most well-established firms. We have helped hundreds
of clients across the United States win back the money they thought they
had lost forever.
If you believe you have been a victim of overconcentration maneuvering
by Margaret Lech-Loubet or any other broker,
contact Meyer Wilson today for a free case evaluation.