Daniel James Egbert (also known as Daniel James Egberg), of Raleigh, North Carolina, a stockbroker registered with UBS Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $160,000.00 in damages based upon allegations that Egbert failed to disclose selling restrictions and liquidity limitations imposed by a third-party money manager in connection with the sale of securities when Egbert was associated with UBS Financial Services Inc. FINRA Arbitration No. 22-02658 (September 3, 2023).
This is not the first time that Egbert has been referenced in a customer initiated investment related dispute concerning Egbert’s conduct in the securities industry. FINRA Public Disclosure shows that Egbert was also referenced in a customer initiated investment related complaint filed on January 28, 2019, in which the customer requested compensatory damages based upon allegations that Egbert failed to manage over-the-counter equities in his accounts during the period that Egbert was associated with UBS Financial Services Inc. The complaint was denied.
Egbert has been associated with UBS Financial Services Inc. in Raleigh, North Carolina since November 26, 1999.
