Stan Swinson Involved in REIT Disputes

Stan Swinson (CRD# 802756[1]), formerly a broker registered with Wells Fargo, recommended unsuitable REITs, according to investor disputes. MDF Law is investigating the former Raleigh, North Carolina-based financial professional for similar conduct. If you suffered losses in your accounts, call us for a free consultation.

To learn more about the disputes involving Mr. Swinson, continue reading. The information below is sourced from his BrokerCheck profile, a Financial Industry Regulatory Authority profile examined on February 19, 2025. 

Pending Disputes Stem from REIT Sales

In 2024, two parties of investors lodged disputes involving Mr. Swinson. In both cases, the investors alleged that he recommended an unsuitable real estate investment trust, or REIT. The disputes, which are still pending, seek unspecified alleged damages.

Settled Dispute Also Concerned REIT

On November 15, 2023, another investor filed a dispute involving Mr. Swinson. In this claim, the investor also alleged that he recommended an unsuitable REIT. On January 21, 2025, his former member firm settled the dispute for more than $13,900.

What Are REITs?

A real estate investment trust, or REIT, is an entity that owns assorted forms of real estate, or interests in real estate. As an investment product, REITs use the combined funds from a pool of investors to purchase real estate property; they can be publicly traded or privately held, traded on the stock market or not traded at all. Non-traded REITs are generally highly illiquid investments. While they have the benefit of extending new opportunities to investors who otherwise could not access certain real estate investments, non-traded REITs may be particularly risky for short-term investors and even long-term investors. Investment professionals who recommend unsuitable REITs may be subject to disciplinary action or investor disputes.

FINRA: Stan Swinson Last Based in Raleigh, North Carolina

Mr. Swinson launched his career as a broker in 1982. That year, he registered with New York Variable Contracts Corporation. He departed the firm a year later, eventually joining AXA Advisors (now known as Equitable Advisors) in 2001. In 2017, he departed that firm for Well Fargo’s office in Raleigh, North Carolina, where he remained until 2019. Since departing Wells Fargo, he has not registered with any broker-dealer firm. Boasting 19 years of experience as a broker, he has completed four industry exams, including the Series 7 and the Series 1. 

Investment Losses? Call MDF Law for a Free Consultation

If you suffered losses on REITs or other investments recommended by Stan Swinson, call MDF Law at 800-767-8040 to discuss your recovery options. Our attorneys have proven experience navigating the complexities of the FINRA arbitration process. Over the years, we’ve recovered tens of millions in investment losses for our clients. Not only do we take cases on a contingency basis, we also offer free consultations across the US. Don’t delay: your window to file a claim may be limited. Call MDF Law today.