Wilson Dennis Colberg Trigo - FINRA BrokerCheck Report

BrokerCheck Report

WILSON DENNIS COLBERGTRIGO
CRD# 1226126
Report #84168-78190 , data current as of Friday , September 06 , 2013.

Section Title

Pagels)

Report Summary
Broker Qualifications

2-4

Registration and Employment History

5

Disclosure Events

6

About BrokerCheck®
BrokerCheck offers information on all current-and many former-FINRA-registered securities brokers, and all current and
former FINRA-registered securities firms . FINRA strongly encourages investors to use BrokerCheck to check the
background of securities brokers and brokerage firms before deciding to conduct, or continue to conduct, business with
them .

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What is included in a BrokerCheck report?
BrokerCheck reports for individual brokers include information such as employment history , professional
qualifications , disciplinary actions , criminal convictions, civil judgments and arbitration awards. BrokerCheck
reports for brokerage firms include information on a firm 's profile , history, and operations, as well as many of the
same disclosure events mentioned above .
Please note that the information contained in a BrokerCheck report may include pending actions or allegations
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of the broker or brokerage firm , or concluded through a negotiated settlement with no admission or finding of
wrongdoing.
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The information contained in BrokerCheck comes from FINRA's Central Registration Depository , or CRD® and is
a combination of:
o information FINRA and/or the Securities and Exchange Commission (SEC) require brokers and
brokerage firms to submit as part of the registration and licensing process , and
o information that regulators report regarding disciplinary actions or allegations against firms or brokers.
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information in CRD within 30 days. Under most circumstances , information reported by brokerage firms , brokers
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securities regulator at http://www.nasaa .org .
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the contents of this report, please
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as well as additional resources .
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FINRA, visit www.finra.org .

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User Guidance

WILSON D. COLBERGTRIGO

Report Summary for this Broker

CRD# 1226126
Currently employed by and registered with the
following FINRA Firm(s):
UBS FINANCIAL SERVICES INC.
250 MUNOZ RIVERA AVENUE
SAN JUAN, PR 00918
CRD# 8174
Registered with this firm since: 10/12/1987
UBS FINANCIAL SERVICES
INCORPORATED OF PUERTO RICO
SAN JUAN , PR 00918
CRD# 13042
Registered with this firm since: 03/27/1991

This report summary provides an overview of the broker's professional background and conduct. Additional
information can be found in the detailed report.

This broker is registered with:

• 9 Self-Regulatory Organizations
• 10 U.S. states and territories
Is this broker currently suspended or inactive with
any regulator? No

Disclosure Events
Disclosure events are certain criminal matters;
regulatory actions ; civil judicial proceedings; customer
complaints , arbitrations, or civil litigations;
employment terminations ; and financial matters in
which the broker has been involved.

This broker has passed:

• 0 Principal/Supervisory Exams

Are there events disclosed about this broker? Yes

• 1 General Industry/Product Exam
• 1 State Securities Law Exam

Registration History
This broker was previously registered with FINRA at
the following brokerage firms:

The following types of disclosures have been
reported:
Type

Customer Dispute
Termination

MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORA TED
CRD# 7691
02/1984 - 05/1987

©2 013 FINRA. All rights reserved .

Report# 84168-78190 about WILSON D. COLBERGTRIGO. Data current as of Friday, September 06, 2013.

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User Guidance

Registrations
This section provides the self-regulatory organizations (SROs) and U.S. stateslterritories the broker is currently
registered and licensed with, the category of each registration, and the date on which the registration became effective.
This section also provides, for every brokerage firm with which the broker is currently employed , the address of each
branch where the broker works.
This individual is currently registered with 9 SROs and is licensed in 10 U.S. states and territories through his
or her employer.

Employment 1 of 2
Firm Name:


Main Office Address: 1200 HARBOR BOULEVARD
WEEHAWKEN, NJ 07086
Firm CRD#:
8174
SRO

Category

Status

Date

FINRA

General Securities Representative

APPROVED

10/12/1987

BOX Options Exchange LLC


APPROVED

05/16/2012

Chicago Board Options Exchange


APPROVED

03/03/1991

International Securities Exchange


APPROVED

01/28/2008

NASDAQ OMX PHLX, Inc.


APPROVED

10/16/1993

NASDAQ Stock Market


APPROVED

07/12/2006

NYSE Arca, Inc.


APPROVED

10/11/1992

NYSE MKT LLC


APPROVED

04/03/1988

New York Stock Exchange


APPROVED

10/22/1987

U.S. Statel
Territory

Category

Status

Date

U.S. Statel
Territory

Category

Status

Date

California

Agent

APPROVED

10/12/1987

Massachusetts

Agent

APPROVED

06/11/1990

Colorado

Agent

APPROVED

04/12/1994

New York

Agent

APPROVED

12/10/1987

District of
Columbia

Agent

APPROVED

10/13/2004

North Carolina

Agent

APPROVED

02/27/1998

Puerto Rico

Agent

APPROVED

10/26/1987

Florida

Agent

APPROVED

11/02/1993

Virginia

Agent

APPROVED

02/15/1996

Georgia

Agent

APPROVED

11/23/1994

©2013 FINRA. All rights reserved.

Report# 84168-78190 about WILSON D. COLBERGTRIGO. Data current as of Friday, September 06 , 2013.

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User Guidance


Employment 1 of 2, continued
Branch Office Locations
SAN JUAN , PR 00918

Employment 2 of 2
Firm Name:

UBS FINANCIAL SERVICES INCORPORATED OF PUERTO RICO

Main Office Address : 250 MUNOZ RIVERA AVENUE
HATO REV, PR 00918
Firm CRD#:
13042
SRO

Category

Status

Date

FINRA


APPROVED

03/27/1991

NASDAQ Stock Market


APPROVED

07/12/2006

U.S. State!
Territory

Category

Status

Date

Puerto Rico

Agent

APPROVED

03!27/1991

Branch Office Locations
UBS FINANCIAL SERVICES INCORPORATED OF PUERTO RICO
SAN JUAN , PR 00918

©2013 FINRA. All rights reserved .


3


User Guidance


Industry Exams this Broker has Passed
This section includes all securities industry exams that the broker has passed . Under limited circumstances , a broker
may attain a registration after receiving an exam waiver based on exams the broker has passed and/or qualifying work
experience. Any exam waivers that the broker has received are not included below.

This individual has passed 0 principal/supervisory exams, 1 general industry/product exam, and 1 state
securities law exam.

Principal/Supervisory Exams
Exam

Category

Date

Exam

Category

Date

General Securities Representative Examination

Series 7

01/21/1984

Exam

Category

Date

Uniform Securities Agent State Law Examination

Series 63

02/15/1984

No information reported .

General Industry/Product Exams

State Securities Law Exams

Additional information about the above exams or other exams FINRA administers to brokers and other securities
professionals can be found at www.finra.org/brokerqualifications/registeredrep/.

©2013 FIN RA. All rights reserved.

Report# 84168-78190 about WILSON D. COLBERGTRIGO. Data current as of Frid ay, September 06, 2013.

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User Guidance

Registration and Employment History

Registration History
This broker previously was registered with FINRA at the following firms :
Registration Dates
02/1984 - 05/1987

Firm Name
MERRILL LYNCH , PIERCE, FENNER & SMITH
INCORPORATED

CRD#

Branch Location

7691

Employment History
Below is the broker's employment history for up to the last 10 years.
Please note that the broker is required to provide this information only while registered with FINRA and the
information is not updated after the broker ceases to be registered. Therefore, an employment end date of
"Present" may not reflect the broker's current employment status.
Employment Dates

Employer Name

Employer Location

09/1987 - Present

PAINEWEBBER INCORPORATED

HATO REY, PR

09/1987 - Present

UBS FINANCIAL SERVICES INC .

SAN JUAN , PR

Other Business Activities
This section includes information , if any , as provided by the broker regarding other business activities the broker is
currently engaged in either as a proprietor, partner, officer, director, employee , trustee , agent or otherwise . This section
does not include non-investment related activity that is exclusively charitable , civic , religious or fraternal and is
recognized as tax exempt.
No information reported .

©2 013 FINRA. All rights reserved.

Report# 84168-78 190 about WILSON D. COLBERGTRIGO. Data current as of Frid ay, September 06, 2013.

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User Guidance

Disclosure Events

What you should know about reported disclosure events:
1. Disclosure events are certain criminal matters; regulatory actions ; civil judicial proceedings ; customer
complaints, arbitrations, or civil litigations; employment terminations ; and financial matters in which the broker
has been involved .

2 . Certain thresholds must be met before an event is reported to CRD, for example:
o A law enforcement agency must file formal charges before a broker is required to report a particular
criminal event.
o A customer dispute must involve allegations that a broker engaged in activity that violates certain rules
or conduct governing the industry and that the activity resulted in damages of at least $5 ,000 .
3. Disclosure events in BrokerCheck reports come from different sources:
o As mentioned at the beginning of this report , information contained in BrokerCheck comes from brokers,
brokerage firms and regulators . When more than one of these sources reports information for the same
disclosure event, all versions of the event will appear in the BrokerCheck report. The different versions
will be separated by a solid line with the reporting source labeled .
4 . There are different statuses and dispositions for disclosure events:
o A disclosure event may have a status of pending, on appeal, or final.
•
A "pending" disclosure event involves allegations that have not been proven or formally
adjudicated .
•
A disclosure event that is "on appeal" involves allegations that have been adjudicated but are
currently being appealed.
•
A "final" disclosure event has been concluded and its resolution is not subject to change .
o A final disclosure event generally has a disposition of adjudicated, settled or otherwise resolved.
•
An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter, or
(2) an administrative panel in an action brought by a regulator that is contested by the party
charged with some alleged wrongdoing.
•
A "settled" matter generally represents a disposition wherein the parties involved in a dispute
reach an agreement to resolve the matter. Please note that brokers and brokerage firms may
choose to settle customer disputes or regulatory matters for business or other reasons .
A "resolved" matter usually includes a disposition wherein no payment is made to the customer
or there is no finding of wrongdoing on the part of the individual broker. Such matters generally
involve customer disputes.

For your convenience, below is a matrix of the number and status of disclosure events involving this broker.
Further information regarding these disclosure events can be found in the subsequent pages of this report. You
also may wish to contact the broker to obtain further information regarding the disclosure events.


Report# 84168-78190 about WILSON D. COLBERGTRIGO. Data current as of Friday, September 06 , 201 3.

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User Guidance

Pending
Customer Dispute
Termination


Final

On Appeal

3

13

N/A
N/A

N/A


7


User Guidance

Disclosure Event Details
When evaluating this information, please keep in mind that a discloure event may be pending or involve allegations
that are contested and have not been resolved or proven . The disclosure event may , in the end , be withdrawn ,
dismissed , resolved in favor of the broker, or concluded through a negotiated settlement for certain business reasons
(e.g. , to maintain customer relationships or to limit the litigation costs associated with disputing the allegations) with no
admission or finding of wrongdoing .
This report provides the information exactly as it was reported to CRD and therefore some of the specific data fields
contained in the report may be blank if the information was not provided to CRD.

Customer Dispute - Settled
This type of disclosure event involves a consumer-initiated , investment-related complaint, arbitration proceeding or civil
suit containing allegations of sale practice violations against the broker that resulted in a monetary settlement to the
customer.
Disclosure 1 of 6
Reporting Source:

Broker

Employing firm when
activities occurred which led
to the complaint:


Allegations:

CLAIMANT ALLEGES THAT RECOMMENDATIONS IN 2009 AND 2010 TO
INVEST IN FIRST BANCORP. COMMON STOCK WERE UNSUITABLE.

Product Type:

Equity Listed (Common & Preferred Stock)

Alleged Damages:

$0.00

Alleged Damages Amount
Explanation (if amount not
exact):

UNSPECIFIED

Is this an oral complaint?

No

Is this a written complaint?

Yes

Is this an arbitration/CFTC
reparation or civil litigation?

Yes

Arbitration/Reparation forum
or court name and location:

FINRA

Docket/Case #:

11-02970


Report# 84168-78190 about WILSON D. COLBERGTRIGO. Data current as of Friday, September 06, 201 3.

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User Guidance

Filing date of
arbitration/CFTC reparation
or civil litigation:

08/16/201 1

Customer Complaint Information
Date Complaint Received:

08/16/201 1

Complaint Pending?

No

Status:

Settled

Status Date:

07/3 1/2013

Settlement Amount:

$112,500.00

Individual Contribution
Amount:

$0 .00

Summary:

THE CLAIMANT'S ACCOUNT WAS MANAGED AS A JOINT ACCOUNT WITH
ANOTHER FINANCIAL ADVISOR . THE CLIENT HAS BEEN A
KNOWLEDGEABLE AND SOPHISTICATED INVESTOR WITH INVESTMENTS IN
DEVELOPING COUNTRIES. HE HAD MADE MONEY IN THE PAST WITH OUR
RECOMMENDATIONS AND HIS OWN RESEARCH. I FIND IT PUZZLING THAT
THE INVESTMENTS IS FBP - FIRSTBANCORP (50% OF THE INVESTMENT
WAS A SENIOR NOTE OF THE BANK AND NOT EQUITY) WHICH LOST
MONEY, WERE DURING A PERIOD OF HEALTH RELATED PROBLEMS FOR
HIM . HE ALSO MADE MONEY IN OTHER INVESTMENTS DURING HIS
ALLEGED MALAISE.

Disclosure 2 of 6
Reporting Source:

Broker

Employing firm when
to the complaint:

UBS FINANCIAL SERVICES INC

Allegations:

CLAIMANT ALLEGES THAT FA RECOMMENDED UNSUITABLE INVESTMENTS
IN LOCAL PUERTO RICAN FINANCIAL INSTITUTIONS. TIME FRAME:
2004-2010

Product Type:

Other: EQUITIES

Alleged Damages:

$282 ,000.00


No


Yes


Report# 841 68-78 190 about WILSON D. COLBERGTRI GO. Data current as of Frid ay, September 06 , 20 13.

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User Guidance


Yes


FINRA

Docket/Case #:

11-01573

Filing date of

05/02/2011


05/02/2011

Complaint Pending?

No

Status:

Settled

Status Date:

12/05/2011

Settlement Amount:

$40,000.00

Amount:

$0 .00

Summary:

FA DENIES ALL ALLEGATIONS OF WRONGDOING . ANY LOSSES WERE
CAUSED BY MARKET CONDITIONS

Disclosure 3 of 6
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

TIME FRAME :MARCH 2008 . CLAIMANT ALLEGES THAT FA RECOMMENDED
UNSUITABLE INVESTMENT IN PUERTO RICO CONSERVATION FUND
SECURED NOTES .

Product Type:

Other: SECURED NOTES

Alleged Damages:

$200 ,000.00


No


Yes



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User Guidance


Yes


FINRA

Docket/Case #:

11-00930

Filing date of

03/18/2011


03/18/2011

Complaint Pending?

No

Status:

Settled

Status Date:

10/28/201 1

Settlement Amount:

$87 ,500.00

Amount:

$0.00

Summary:

UBS WILL REQUEST THAT THE ARBITRATION PANEL ORDER THAT THIS
MATTER BE EXPUNGED FROM MR. COLBERG CRD RECORD. CLAIMANT
AGREES THAT HE WILL NOT OPPOSE THE EXPUNGEMENT REQUEST. UBS
RESOLVED THIS ISSUE SOLELY FOR THE PURPOSE OF AVOIDING COSTLY
AND TIME-CONSUMING LITIGATION .

Disclosure 4 of 6
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

CLAIMANTS ALLEGE THAT BETWEEN 2005 AND 2007, THE FA
RECOMMENDED OVERLY CONCENTRATED POSITIONS IN SECURITIES OF
PUERTO RICO FINANCIAL INSTITUTIONS.

Product Type:

Other: EQUITIES AND MUNICIPAL BONDS

Alleged Damages :

$0.00


Report# 84168-78190 about WILSO N D. COLBERGTRI GO . Data current as of Friday, September 06 , 20 13.

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User Guidance

exact):

UNSPECIFIED


No


No


Yes


FINRA

Docket/Case #:

11-00121

Filing date of

01/24/2011


01/24/2011

Complaint Pending?

No

Status:

Settled

Status Date:

04/30/2012

Settlement Amount:

$150 ,000.00

Amount:

$0 .00

Summary:

I WAS NOT A NAMED RESPONDENT IN THIS ACTION AND NO DAMAGES
ARE SOUGHT AGAINST ME PERSONALLY RELATED TO ANY ACTIONS
TAKEN BY ME IN CONNECTION WITH THE INVESTMENTS AT ISSUE. THIS
SETTLEMENT DOES NOT REFLECT ANY ACKNOWLEDGEMENT OR
ADMISSION OF ANY LIABILITY OR MISCONDUCT ON MY PART
WHATSOEVER. I WAS NOT ASKED TO PERSONALLY CONTRIBUTE ANY
AMOUNT TOWARDS THIS SETTLEMENT OF THIS CASE. UBS RESOLVED
THIS ISSUE SOLELY FOR BUSINESS REASONS TO AVOID POTENTIAL COST
AND UNCERTAINTIES OF THE ARBITRATION FORUM. CLAIMANTS
ACKNOWLEDGED AND WILL NOT OPPOSE UBS AND MR. COLBERG'S
INTENTION TO PURSUE EXPUNGEMENT PROCEEDINGS TO HAVE ALL
REFERENCED OF THIS MATTER REMOVED FROM MR . COLBERG'S CRD
RECORD.



12


User Guidance

Disclosure 5 of 6
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

VERBAL ALLEGATIONS REGARDING PEPSI PR IN HER
ACCOUNT. DATES AND DAMAGES NOT SPECIFIED .

Product Type:
Alleged Damages:


10/10/1996

Complaint Pending?

No

Status:

Settled

Status Date :

10/22/1996

Settlement Amount:

$70 ,793.60

Amount:
Summary:

PAINEWEBBER SETTLED THE CLAIM IN THE INTEREST OF
GOOD CLIENT RELATIONS FOR $70,793 .60
PAINEWEBBER UNDERWROTE IPO ; CUSTOMER RECEIVED
PROSPECTUS AND DECIDED TO PURCHASE SECURITY. STOCK WAS
SUBSEQUENTLY RECOMMENDED AS A BUY BY OUR RESEARCH DEPT.
STOCK
PRICE COLLAPSED & CLIENT WAS UPSET AT LOSSES.

Disclosure 6 of 6
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

CLIENT CLAIMED THAT PURCHASE OF MUNICIPAL
BOND WAS NOT AUTHORIZED BY ITS GOVERNING BOARD AND DEMANDED
RECISSION OF TRADE AND RETURN OF PURCHASE PRICE . NO TIME
PERIOD SPECIFIED .


Report# 841 68-78190 about WILSON D. COLBERGTRI GO . Data current as of Friday, September 06, 201 3.

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User Guidance

Product Type:
Alleged Damages:


10106/1995

Complaint Pending?

No

Status:

Settled

Status Date:
Settlement Amount:

$84 ,131 .06

Amount:
Summary:


PAINEWEBBER SETTLED THIS MATTER FOR $84,131 .06
IE CONTRIBUTION PENDING
CLIENT ORDERED THE PURCHASE OF CERTAIN BONDS TO
GIVE AS COLLATERAL TO LOCAL BANK TO GUARANTEE LETTER OF
CREDIT.
AFTER THE ORDER WAS EXECUTED , THE PRICE OF THE BONDS
DECLINED .
ANOTHER BROKER-DEALER LED THEM TO RENEGE ON THE TRADE AND
TO
PURCHASE SIMILAR BONDS FROM BROKER DEALER AT A LOWER PRICE.
CLIENT THEN ALLEGED THAT AGENT WHO GAVE THE ORDER LACKED
AUTHORITY TO EXECUTE ORDER , BECAUSE HE HAD NOT RECEIVED
APPROVAL FROM THE BOARD , IN SPITE OF THE FACT THAT HE HAD
EXECUTE ORDERS ON THE ACCOUNT FOR QUITE SOME TIME. THE FIRM
SETTLED FOR BUSINESS REASONS , AGAINST MY WILL BUT AS A GOOD
FAITH GESTURE I AGREED TO CONTRIBUTE THE COMMISSIONS
GENERATED
BY THE PURCHASE.


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User Guidance

Customer Dispute - Closed-No ActionlWithdrawn/Dismissed/Denied
This type of disclosure event involves (1) a consumer-initiated , investment-related arb'itration or civil suit containing
allegations of sales practice violations against the individual broker that was dismissed , withdrawn , or denied; or (2) a
consumer-initiated , investment-related written complaint containing allegations that the broker engaged in sales practice
violations resulting in compensatory damages of at least $5,000 ; forgery , theft, or misappropriation ; or conversion of
funds or securities that was closed without action , withdrawn , or denied .

Disclosure 1 of 7
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

TIME FRAME: NOVEMBER 16, 2004 - APRIL 25 , 2011
CLIENT'S COUNSEL ALLEGES FINANCIAL ADVISOR NEGLIGENTLY
CREATED TOO MUCH RISK THROUGH OVER-CONCENTRATION AND
IMPROPERLY INVESTING CLIENT IN INAPPROPRIATE SECURITIES .
COUNSEL FURTHER ALLEGES FINANCIAL ADVISOR DID NOT INFORM
CLIENT THAT A MARGIN LOAN WOULD BE PLACED IN ACCOUNT.
COUNSEL ALLEGES FINANCIAL ADVISOR FAILED TO EXPLAIN THE
ASSOCIATED RISKS AND PROBLEMS TO CLIENT. THE ALLEGED DAMAGES
ARE ESTIMATED TO BE IN EXCESS OF $5 ,000.

Product Type:


Alleged Damages:

$0.00

exact):

ESTIMATED TO BE IN EXCESS OF $5 ,000


No


Yes


No


04/25/2011

Complaint Pending?

No

Status:

Denied

Status Date:

06/30/2011



15


User Guidance

Settlement Amount:
Amount:
Disclosure 2 of 7
Reporting Source:

Broker

Employing firm when
to the complaint:

UBS FINANCIAL SERVICES INC. /43138110-2010-445

Allegations:

TIME FRAME: JANUARY 23,2009 - SEPTEMBER 20,2010
CLIENTS' ALLEGE FINANCIAL ADVISOR MISREPRESENTED FUND AS A
SAFE INVESTMENT.

Product Type:

Other: DEBT - CORPORATE (NOT ASSET-BACKED, INCLUDES CONV, CORP ,
ZEROS)

Alleged Damages:

$5,000 .00

exact):

THE ESTIMATED ALLEGED DAMAGES ARE IN EXCESS OF $5 ,000.00 .


No


Yes


No


09/20/2010

Complaint Pending?

No

Status:

Denied

Status Date:

02/22/2011

Settlement Amount:
Amount:
Disclosure 3 of 7


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User Guidance

Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

CLIENT ALLEGES THAT "I ASKED (HIM) TO SELL MY SHARES" AND "PAY
WHAT I HAD TO MY MARGIN ACCOUNT AND HE DID NOT FOLLOW MY
INSTRUCTIONS AND WILL." CLIENT FURTHER ALLEGES THAT SHE WANTED
HER MONEY TO BE "INVESTED IN SHARES OF WESTERN BANK OF P.R."
AND THE FINANCIAL ADVISOR "BY HIS OWN WILL DECIDED TO BUY
SHARES OF DORAL FINANCIAL CORP OF P.R. " TIME FRAME: FEBRUARY
2004 TO OCTOBER 2005 .

Product Type:


Alleged Damages:

$29 ,646.00


07/05/2006

Complaint Pending?

No

Status:

Denied

Status Date:

03/27/2006

Settlement Amount:
Amount:
Disclosure 4 of 7
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

CLIENT ALLEGES THAT FINANCIAL ADVISOR (FA) "ENGAGED IN A
SIGNIFICANT NUMBER OF UNAUTHORIZED TRANSACTIONS BY
MISREPRESENTING THE INVESTMENTS HE PURCHASED AND THE RISKS
INVOLVED" IN CLIENT'S ACCOUNT. CLIENT ALSO ALLEGES THAT FA
"ENGAGED IN A PATTERN OF DECEPTION AND MISREPRESENTATION OF
THE SECURITIES HELD" IN CLIENT'S ACCOUNT. TIME FRAME : 2003-2005 .

Product Type:


Other Product Type(s):

BONDS


Report# 84168-78190 about WILSON D. COLBERGTRIGO. Data current as of Friday, September 06 , 201 3.

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User Guidance

Alleged Damages:

$750,000 .00


05/03/2006

Complaint Pending?

No

Status:

ClosedlNo Action

Status Date:

03/0512007

Settlement Amount:

$0.00

Amount:

$0 .00

Summary:

COMPLAINT EVOLVED INTO ARBITRATION AND MR. COLBERG WAS NOT
NAMED AS A RESPONDENT. I DISAGREE WITH THE CLIENT'S
ALLEGATIONS . CLIENT COMPLAINED IN 2005 AND HIS ALLEGATIONS WERE
DENIED BY THE FIRM.

Disclosure 5 of 7
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

CLIENT ALLEGED THAT HE DID "NOT UNDERSTAND WHY THERE WERE
TWO ORDERS EXECUTED OF 5,000 SHARES EACH ONE WHEN IT WAS
SUPPOSED TO BE ONLY ONE ." HE GOES ON TO REQUEST THAT FA
"ELIMINATE ONE OF THE ORDERS ." ALLEGED DAMAGES
ESTIMATED TO EXCEED $5 ,000.

Product Type:

Equity - OTC

Alleged Damages:


03/18/2005

Complaint Pending?

No

Status:

Denied

Status Date:

05/11/2005

Settlement Amount:


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User Guidance

Amount:
Disclosure 6 of 7
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

CLIENT RAISED CONCERNS THAT BASED ON CONVERSATION THEY HAD ,
HE ASKED THE FINANCIAL ADVISOR TO SELL IMMEDIATELY THE SHARES
THAT HE HAD IN WESTERN BANK. THE CLIENT DOES NOT SEE THE
TRANSACTION ON THE STOCK, AND WANTS TO KNOW HOW HE WILL
RECOVER THE LOSS SUFFERED. ALLEGED DAMAGES: ESTIMATED TO
EXCEED $5 ,000 .

Product Type:

Equity - OTC

Alleged Damages:


03/18/2005

Complaint Pending?

No

Status:

Closed/No Action

Status Date:

05/03/2005

Settlement Amount:
Amount:
CLIENT GAVE ME A LIMIT ORDER AND THE STOCK NEVER REACHED THE
LIMIT SET BY THE CUSTOMER. ONCE I SAW MY CLIENT'S E-MAIL, I CALLED
HIM AND REMINDED HIM THAT HE HAD PLACED A LIMIT ORDER WHICH HE
ACKNOWLEDGED AND PROCEEDED TO SELL HIS POSITION AT MARKET.

Summary:

Disclosure 7 of 7
Reporting Source:

Broker

Employing firm when
to the complaint:

PAINEWEBBER



19

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User Guidance

Allegations:

CLIENT ALLEGES THAT THE PAINEWEBBER FA FAILED
TO INFORM CLIENT OF RISK INVOLVED WITH MARCH 1994 PURCHASE OF
RAESA. CLIENT ALLEGES LOSS OF $11 ,500. IN JUNE 1999 FOLLOW-UP
LETTER , CLIENT ALLEGED THAT HE WAS NOT ADVISED OF MATURITY
DATE OF GNMA RESULTING IN A LOSS OF $9500 .

Product Type:

Debt - Asset Backed

Alleged Damages:

$11 ,500 .00


04/09/1999

Complaint Pending?

No

Status:

Denied

Status Date:

08/15/1999

Settlement Amount:
Amount:
Summary:


PAINEWEBBER DENIED THE MATTER FIRST IN 5/21/1999 AND THEN IN
AUGUST 1999. THE CLIENT HAD MUCH EXPERIENCE WITH GNMA AND HAD
PURCHASED THEM FOR SEVERAL YEARS THROUGH PW AND OTHER
BROKERAGE HOUSES. THIS OCCURRENCE IS THE ORIGINAL.
OCCURRENCE #381311 IS A DUPLICATE OF THIS ONE.


20


User Guidance

Customer Dispute - Pending
This type of disclosure event involves (1) a pending consumer-initiated , investment-related arbitration or civil suit that
contains allegations of sales practice violations against the broker; or (2) a pending , consumer-initiated , investmentrelated written complaint containing allegations that the broker engaged in , sales practice violations resulting in
compensatory damages of at least $5,000 ; forgery , theft, or misappropriation ; or conversion of funds or securities.

Disclosure 1 of 3
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

TIME FRAME : SEPTEMBER 2003 - JUNE 2013
CLIENT ALLEGES SHE ADVISED HER FINANCIAL ADVISOR THAT SHE DID
NOT WANT ANY INVESTMENT IN WHICH SHE COULD LOSE THE PRINCIPAL
INVESTED AS SHE IS CONSERVATIVE WITH HER MONEY. CLIENT
FURTHER ALLEGES FINANCIAL ADVISOR GUARANTEED THE PRINCIPAL OF
THE INVESTMENT WOULD NOT BE REDUCED IN ITS VALUE WHICH WAS
NOT HONORED . THE ESTIMATED ALLEGED DAMAGES ARE IN EXCESS OF
$5 ,000.

Product Type:

Other: EQUITY - LISTED (COMMON AND PREFERRED STOCK

Alleged Damages:

$0 .00

exact):

ESTIMATED ALLEGED DAMAGES ARE IN EXCESS OF $5 ,000.


No


Yes


No


06/13/2013

Complaint Pending?

Yes

Settlement Amount:
Amount:
Summary:

THIS CLIENT OPENED HER ACCOUNT BACK IN 1986 . DURING THIS TIME ,
SHE HAS INVESTED IN MANY TYPES OF INVESTMENTS INCLUDING PENNY

21

www .finra .orq/brokercheck

User Guidance

STOCKS (UNSOLICITED, PREMIUM BONDS, GNMA'S , PREFERRED
SECURITIES , ETC . EACH OF THESE TRANSACTIONS WERE FULLY
EXPLAINED , APPROVED BY THE CLIENT, AND HELD IN THE ACCOUNT FOR
MANY YEARS . SEVERAL OF THE INVESTMENTS WERE HER OWN IDEA. I
FIND IT DIFFICULT TO UNDERSTAND THAT AFTER 27 YEARS , SHE IS NOW
MAKING ALLEGATIONS THAT ARE FALSE AND I BELIEVE HAVE NO MERIT IN
THERE ACCURACY. HER LAST TRANSACTION WAS BACK IN 2003 AND
UNTIL NOW HAS NEVER EXPRESSED ANY DISSATISFACTION OR
CONCERN REGARDING THE SECURITIES HELD. I TOTALLY DENY THESE
ALLEGATIONS.

Disclosure 2 of 3
Reporting Source:

Broker

Employing firm when
to the complaint:

UBS FINANCIAL SERVICES INC, UBS PUERTO RICO AND UBS TRUST
COMPANY PUERTO RICO

Allegations:

CLAIMANTS ALLEGE THAT THE ADVISOR ENGAGED IN "UNAUTHORIZED"
TRADES WITH RESPECT TO PUERTO RICO CONSERVATION TRUST FUND
NOTES AND COMMON STOCK OF PUERTO RICAN FINANCIAL
INSTITUTIONS BECAUSE THE RECOMMENDATIONS WERE CONTRARY TO
THE TERMS OF THE TRUSTS THAT PURCHASED THE SECURITIES. TIME
FRAME: 2003

Product Type:

Debt-Corporate
Other: DEBT - CORPORATE (NOT ASSET-BACKED , INCLUDES CONV, CORP ,
ZEROS)

Alleged Damages:

$2 ,331 ,635 .00


No


Yes


Yes


FINRA

Docket/Case #:

12-02915

Filing date of

08/21/2012


Report# 84168-78190 about WILSON D. COLBERGTRIGO. Data current as of Friday, September 06 , 2013 .

22


User Guidance


08/21/2012

Complaint Pending?

Yes

Settlement Amount:
Amount:
Disclosure 3 of 3
Reporting Source:

Broker

Employing firm when
to the complaint:


Allegations:

THE CLAIMANT ALLEGES THAT FROM 1996 TO PRESENT, THE ADVISOR
UNSUITABLY RECOMMENDED PREFERRED STOCKS , MIASREPRENTING
THE TERMS OF THOSE INVESTMENTS, AND THAT STARTING IN 2006 SHE
RAISED CONCERNS ABOUT THE PORTFOLIO.

Product Type:


Alleged Damages:

$114 ,000 .00


No


Yes


Yes


FINRA

Docket/Case #:

12-03074

Filing date of

09/04/2012


09/04/2012

Complaint Pending?

Yes

Settlement Amount:
Amount:

Report# 84168-78190 about WILSON D. COLBERGTRIGO . Data current as of Frida y, September 06, 201 3.

23

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Summary:


User Guidance

CUSTOMER COMPLAINT RECEIVED ON 03/30/2010 AND UBS DENIED ALL
CLAIMS ON 05/27/2010. CLIENT SUBSEQUENTLY FILE FOR ARBITRATION
AND DID NOT NAME MR. COLBERG AS A RESPONDENT

Report# 84168-78190 about WILSON D. COLBERGTRIGO . Data current as of Friday, September 06 , 2013.

24

www.finra .orQ/brokercheck

User Guidance

Employment Separation After Allegations
This type of disclosure event involves a situation where the broker voluntarily resigned , was discharged or was permitted
to resign after allegations were made that accused the broker of (1) violating investment-related statutes, regulations ,
rules or industry standards of conduct; (2) fraud or the wrongful taking of property; or (3) failure to supervise in connection
with investment-related statutes, regulations , rules or industry standards of conduct.
Disclosure 1 of 1
Reporting Source:

Broker

Employer Name:

MERRILL LYNCH , PIERCE, FENNER & SMITH , INC .

Termination Type:

Discharged

Termination Date:

05/19/1987

Allegations:
TERMINATION
Product Type:
Other Product Types:
Summary:


NO RESULT
I WAS DISCHARGED FOR VIOLATING COMPANY POLICY;
BORROWING FUNDS FROM A CUSTOMER ([CUSTOMER))
TOTALLING $36,000 . THE SAID LOAN WAS FULLY REPAID . THE
CUSTOMER NEVER PRESENTED A WRITTEN COMPLAINT NOR DID HE
PURSUED. I WAS NOT AWARE OF THAT COMPANY POLICY AT THE TIME .


25


User Guidance

End of Report

This page is intentionally left blank.


Report# 84168-78 190 about WILSON D. COLBERGTRIGO. Data current as of Friday, September 06 , 2013.

26

Wilson Dennis Colberg Trigo - FINRA BrokerCheck Report

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