Richard Alan Foss (also known as Dick Foss), of Fort Lauderdale, Florida, a stockbroker registered with UBS Financial Services Inc., is the subject of a customer initiated investment related complaint filed on October 4, 2023, in which the customer requested compensatory damages based upon allegations that Foss supposedly engaged in theft when Foss was associated with UBS Financial Services Inc.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Foss is referenced in four other customer initiated investment related disputes concerning Foss’s conduct while associated with securities broker dealers. A customer initiated investment related complaint involving Foss’s conduct was settled for $28,392.00 in damages resulting from the purchases of limited partnerships because of Foss.
On December 2, 2008, another customer filed an investment related complaint involving Foss’s conduct in which the customer requested compensatory damages based upon allegations that Foss made misrepresentations of material fact about guarantees on equities products during the time that Foss was associated with Morgan Stanley Co. Incorporated.
Foss was also referenced in a customer initiated investment related complaint filed on September 10, 2009, in which the customer requested compensatory damages based upon allegations that Foss engaged in unsuitable trading in variable annuities when Foss was associated with Morgan Stanley Smith Barney. The complaint was denied.
On December 2, 2009, another customer filed an investment related complaint involving Foss’s conduct in which the customer requested $250,000.00 in damages based upon allegations that Foss failed to diversify investments in the customer’s account, resulting in losses. This complaint was denied.
Foss was associated with UBS Financial Services Inc. in Fort Lauderdale, Florida, from November 12, 2008, to December 31, 2020.
