Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Flahive (Flahive), previously associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Flahive recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $517,499.89 on December 19, 2023.
Claimants allege that beginning in 2020, an agreement with the FA on commissions to be charged ceased being followed without the consent of Claimants who were overcharged.