Category Archives: UnionBanc Investment Services

Stockbroker Sanctioned for Trading Without Customer’s Permission

March 17, 2015  

Armen Bahadourian   entered into a Letter of Acceptance, Waiver and Consent  (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that  in late 2012, while registered with UnionBanc Investment Services, he executed a total of 15 unauthorized transactions in municipal securities in the accounts of nine customers in violation of MSRB Rule G-17.

Bahadourian was suspended for 18 months and fined $10,000 and ordered to repay the commission s of $6,880 earned on the unauthorized trades.

FINRA Case # 2013035744301

Young was previously registered as follows:

  • McNally Financial Services                        4/2014-8/2014
  • UnionBanc Investment Services                  10-2008-1/2013
  • PNC Investments                                               3/2008-10/2008

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Former UnionBanc Investment Services Broker Sanctioned by FINRA

February 23, 2015

Gregory James Bolduc  entered into a Letter of Acceptance, Waiver and Consent  (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that while registered with UnionBanc Investment Services, he falsified the signatures of six customers on a total of 30 Mutual Fund Customer Disclosure and Acknowledgment forms which he submitted as authentic.

Bolduc was suspended for three months and fined $5,000.

FINRA Case # 2013038783201

According to FINRA records Bolduc was registered with UnionBanc Investment Services from 10/2012-10/2013 and with Securities America from 11/2013-11/2014.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870