Matthew Reimann Involved in Dispute Seeking $1 Million in Damages

Matthew Reimann (CRD #: 7406021), a broker registered with UBS Financial Services, is involved in an investor dispute, according to his BrokerCheck record, accessed on March 11, 2025. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

In a dispute filed on December 27, 2024, an investor alleged that Matthew Reimann acted negligently by accepting a power of attorney and executing instructions from the client’s daughter, resulting in the improper withdrawal of funds from the client’s accounts.

The investor further alleged that Matthew Reimann changed the characteristics of their portfolio in ways that were not in their best interest, including by executing large transactions. The client seeks $1 million in damages in this pending dispute.

FINRA Rule 3241

FINRA Rule 3241 prohibits brokers from holding a power of attorney for a client except in select circumstances, such as immediate family members.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

What is broker negligence?

Brokers may act in many negligent ways, ranging from recommending unsuitable investments to executing unauthorized trades. Investors who have lost money through broker negligence may be able to recover their funds by seeking out FINRA arbitration.

Background Information

Matthew Reimann has passed the following exams:

• General Securities Representative Examination – Series 7TO
• Securities Industry Essentials Examination – SIE
• Uniform Combined State Law Examination – Series 66

Matthew Reimann is a registered broker in 24 states and a registered investment adviser in Florida, Texas, and Virginia.

He has also worked for Capitol Securities Management (CRD#:14169).

Kurta Law Can Help

If you worked with Matthew Reimann and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.