Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Rohr (Rohr), previously associated with Wells Fargo Advisors Financial Network, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rohr 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 $12,000.00 on April 23, 2024.
The client alleges that the advice she was provided regarding the rollover of funds from her 457(b) plan to an ira was inaccurate. She claims the rollover is considered a taxable event from a governmental 457(b) plan and led her to lose approximately $12,000 in value on her account.