MANUEL MELENDEZ – Former Investment Adviser Barred by FINRA – May Recover Investor Losses
Former UBS FINANCIAL SERVICES INC. Investment Adviser, MANUEL MELENDEZ – Barred by FINRA.
MANUEL F. MELENDEZ GONZALEZ, MANUEL FRANCISCO MELENDEZ GONZALEZ
CRD#: 4648278
MANUEL FRANCISCO MELENDEZ (CRD#: 4648278), a former broker for UBS FINANCIAL SERVICES INC. in GUAYNABO, PR, was recently barred permanently after the former broker consented to FINRA sanctions.
According to Melendez’s FINRA BrokerCheck report, Between October 2018 and February 2021, while registered through UBS, Melendez borrowed $738,000 from two firm customers through four separate loans without providing prior written notice to or obtaining written approval from UBS, in violation of FINRA Rules 3240 and 2010. Melendez used thousands of dollars from these loans to pay expenses unrelated to the loans’ purposes, in violation of FINRA Rules 2150(a) and 2010. Further, between May 2019 and April 2023, Melendez violated FINRA Rules 3270 and 2010 by engaging in two outside business activities without providing prior written notice to UBS and by failing to accurately disclose these activities when he belatedly notified UBS of them. For these violations, Melendez is barred from associating with any FINRA member in all capacities.
Former UBS FINANCIAL SERVICES INC. Investment Adviser, MANUEL MELENDEZ – Barred by FINRA.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 4/16/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.