Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Wendelin (Wendelin), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wendelin 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.
Claimant alleges that the Financial Advisor recommended that she hold investments that were improper and unsuitable in a portfolio that underperformed, and at times, disregarded the purported duty to monitor and make suitable investment recommendations.