Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kathrine Hansen Russell (Hansen Russell), previously associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hansen Russell recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $495,000.00 on November 17, 2023.
From 2018 to 2021, Claimant alleges that the Financial Advisor (FA) recommended the purchase of unsuitable investment portfolio, which was overconcentrated in certain money market funds that underperformed other benchmarks.