Carolyn Marie Thur of Chicago Illinois of Oakbrook Terrace Illinois a stockbroker formerly registered with UBS Financial Services Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested $225,000.00 in damages founded on allegations that (1) omissions had been made to the customer concerning the risks, portfolio composition and investment strategy for a hedge fund purchased by the customer and (2) false assurances were provided to the customer in regard to the viability of the investment. Financial Industry Regulatory Authority (FINRA) Arbitration No. 16-00483 (Feb. 23, 2016).
FINRA Public Disclosure additionally confirms that another customer filed an investment related arbitration claim concerning Thur’s activities where the customer sought more than $5,000.00 in damages supported by accusations that while Thur was employed by UBS Financial Services Inc., Thur made misrepresentations to the customer, leading the customer to believe that no additional capital contributions needed to be made for an insurance policy sold to the customer.
Thur’s registration with UBS Financial Services Inc. has been terminated as of January 13, 2016. Since January 4, 2016, Thur has been registered with Ameriprise Financial Services Inc.
