Lane Robert Goldstein of Beverly Hills California a stockbroker currently employed by UBS Financial Services Inc. is referenced in a customer initiated investment related arbitration claim which sought $240,000 in damages but which was resolved for $35,000.00 based upon accusations that between 2007 and 2016: (1) inappropriate investments were placed in the customer’s account (2) the customer’s account was handled in a negligent manner (3) contractual obligations to the customer had been breached and (4) exchange traded funds, master limited partnerships and closed-end funds were executed in the customer’s account without adequate supervision from UBS Financial Services Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 16-03205 (July 8, 2017).
FINRA Public Disclosure additionally confirms that on August 23, 2002, a customer filed an investment related complaint concerning Goldstein’s activities where the customer sought unspecified damages founded on accusations that while Goldstein was associated with Salomon Smith Barney, the customer was poorly advised in reference to a mutual fund purchase executed in the customer’s account, and transactions were placed largely to benefit Goldstein rather than promote the customer’s best interests. That claim was denied by Solomon Smith Barney.
Goldstein has been registered with UBS Financial Services Inc. since July 13, 2007.
