Last Updated: October 2023 (Houston, TX )
Gil Beer Investigation Summary
Here’s what you need to know about Houston, Texas, stockbroker Gil Beer:
- Name: Mr. Gil Aaron Beer
- Current Employer: USCA Securities, U.S. Capital Wealth Advisors (RIA)
- Previous Firms: UBS Financial Services
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Gil Beer
- Primary Location: Houston, Texas
- CRD 4910876
- Can Gil Beer be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement : $25,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Gil Beer As Your Stockbroker?
A customer of USCA Securities made a customer complaint alleging damages of $40,000 in 5/2022. The complaint alleged that Gil Beer breached his fiduciary duty in connection with an investment in an oil and gas partnership in 2014. The customer withdrew their claim and apparently did not pursue it further.
IN 2008 a customer of UBS Financial Services was paid $25,000 to settle a claim related to the purchase of Auction Rate Securities.
Allegations of Broker Misconduct Against Gil Beer
Customers of Gil Beer have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Breach of Fiduciary Duty related to Oil and Gas Investment (Claim withdrawn)
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Gil Beer, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
