Last Updated: October 2023 (Beaumont, Texas)
Gretchen Hargroder Investigation Summary
Here’s what you need to know about Beaumont, TX, stockbroker Gretchen Hargroder:
- Name: Gretchen Elaine Hargroder
- Current Employer: UBS Financial Services
- Previous Firms: Washington Square Securities
- Function: Stock Broker/ Financial Advisor
- Aliases: Gretchen Hargroder
- Primary Location: Beaumont, Texas
- CRD 2551513
- Can Gretchen Hargroder be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $210,500
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Gretchen Hargroder As Your Stockbroker?
A customer of UBS Financial Services filed a FINRA arbitration in 6/2023 alleging that Gretchen Hargroder allowed her son/POA multiple unauthorized withdrawals without questions and that UBS failed to identify uncover, investigate and report elderly exploitation, failing to follow internal policies. The customer seeks damages of $210,500 in this pending matter.
In 2005 a customer alleged that Hargroder forged the customer’s signature on a number of occasions in connection with her UBS account. The firm denied the claim and the customer did not pursue it further.
Allegations of Broker Misconduct Against Gretchen Hargroder
Customers of Gretchen Hargroder & UBS have alleged the following wrongdoing in connection with the handling of customer accounts:
- Forgery of brokerage firm documents
- Failed to detect and report elderly exploitation
- Allowed unauthorized withdrawals
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 Gretchen Hargroder, 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.