Here’s what you need to know about Oakbrook Terrace, IL, stockbroker Henry Jakobsze:
- Name: Mr. Henry Paul Jakobsze
- Current Employer: UBS Financial Services Inc.
- Function: Stockbroker / Financial Advisor
- Aliases: Henry Jakobsze
- Primary Location: Oakbrook Terrace, IL
- CRD: 2792685
- Can Henry Jakobsze be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $468,126 FINRA award
- Pending Customer Dispute Seeks Damages: $620,000
If you’ve sustained damages from Mr. Jakobsze, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Henry Jakobsze As Your Stockbroker?
A customer of UBS Financial Services was awarded $343,389 in compensatory damages, $24,169 in costs, and $100,568 in attorneys’ fees in a FINRA arbitration case (Case No. 20-01201)on September 1, 2022. The customer’s allegations included fraud, misrepresentation, unsuitability, breach of fiduciary duty, violation of North Carolina securities statutes and negligence regarding an options strategy investment.
In a pending claim filed in July 2024 (Case No. 24-01588) a customer of UBS Financial seeks $620,000 in damages and alleges that Jakobsze made an unsuitable recommendation and misrepresentations concerning an options overlay strategy investment.
UBS Financial Services Yield Enhancement Strategy – An options overlay strategy targeting high net worth investors which promised an incremental yield on the investor’s portfolio. Investors were led to believe the YES Program was an Iron Corridor, a low risk options “overlay” strategy, however that was incorrect. Unlike an Iron Corridor, the UBS YES Program’s purchase (calls) and sale (puts) of options was not symmetrical. In addition, UBS bought put options which were further out of the money than the call options. If UBS customers had been apprised of the true risks of the YES Program, they would probably not have invested. Other investigations involving UBS Financial YES Strategy
Allegations of Broker Misconduct Against Henry Jakobsze
Customers of Henry Jakobsze have alleged the following misconduct:
- Fraud and Misrepresentation
- Unsuitable Investment Recommendations
- Breach of Fiduciary Duty
- Negligence and Breach of Contract
The Financial Industry Regulatory Authority (FINRA) mandates that brokers and brokerage firms report customer disputes and regulatory actions. These requirements ensure transparency and protect investors by disclosing serious allegations, pending disputes, and regulatory sanctions.
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of other UBS Financial brokers
If you have suffered investment losses in an account handled by Henry Jakobsze, contact us for a complimentary consultation with an experienced 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.