Wells Fargo Advisor’s Bill Michetti Involved in Investor Dispute
Bill Michetti (CRD #: 2185612), a broker registered with Wells Fargo Clearing Services, is facing investor allegations that he mismanaged an account, according to his BrokerCheck record, accessed on January 10, 2022. This is not the first time an investor has alleged that he mismanaged an account. Investor: Bill Miuchetti Churned Account On January 28, […]
Wells Fargo Ordered to Pay Customer Restitution of Over $3.3 Million
Wells Fargo Advisors was recently ordered by FINRA to pay over $3.3 million in restitution to investors. According to the agreement, Wells Fargo Advisors agreed that it failed to supervise representative’s 529 plan share class recommendations. The AWC is designed to compensate investors that were steered into higher fee funds. AWC Between Wells Fargo Advisors […]
Investor Filed Complaint Involving Wells Fargo Advisor John Pasacreta Jr.
John Pasacreta Jr. (CRD# 2398487) allegedly recommended unsuitable investments, according to a recently denied customer complaint against him. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on December 20, 2021, Mr. Pasacreta is registered as a broker and an investment adviser with Wells Fargo Clearing Services in Greenwich, Connecticut. Denied Complaints Allege […]
FINRA: Thomas Biadas Has Multiple Disclosures
Thomas Biadas (CRD# 1523005) has been involved in a customer complaint alleging his conduct resulted in substantial losses. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, last accessed on December 8, 2021, Mr. Biadas is currently a broker and investment adviser registered with Kestra Investment Services. He is no longer licensed with Wells […]
Wells Fargo Fires Advisor Jerry Klein
Jerry Klein (CRD# 852224) was recently terminated from Wells Fargo over alleged rule violations. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, last accessed on December 9, 2021, Mr. Klein was registered with the firm’s office in Hunt Valley, Maryland and is currently not registered as a broker or an investment adviser. Wells […]
Plano Financial Advisor Jason Jaynes Involved in $18 Million Investment Dispute
Jason Jaynes (CRD #: 5555100), a broker registered with Wells Fargo Clearing Services, is involved in investor allegations of unsuitable investment recommendations, according to his BrokerCheck record, accessed on November 10, 2021. Investor was a Client of Wells Fargo and Merrill Lynch On January 25, 2021, investors alleged that Jason Jaynes made unsuitable investment […]
Kenn Welsh, Wells Fargo Rep, Arrested by the Feds in New Jersey
Kenn Welsh, a broker and financial investment advisor formerly with Wells Fargo, was arrested on allegations of a fraudulent scheme in which he stole at least $2.86 million from clients to pay for his high end life-style. The Securities and Exchange Commission (“SEC”) and the U.S. Attorney’s Office Jersey each announced the filing of complaints […]
Jeremy Fortner Fired By Wells Fargo Over Loans
Records provided and maintained by the Financial Industry Regulatory Authority (FINRA) show that former California-based Wells Fargo broker/adviser Jeremy Fortner (CRD# 4811478) has received multiple pending customer complaints. If you have lost money investing with Mr. Fortner, call the investor advocates at MDF Law at 800-767-8040 for a free consultation. Wells Fargo Terminates Jeremy Fortner […]