Wells Fargo Clearing Services

Broker Jeffrey Mullins in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Mullins (Mullins), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mullins recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 01, 2025.

The client verbally complained that their Financial Advisor advised them they would receive the full return of principal when they surrendered during the free look period, but the returned sum was reduced by a market value adjustment. (2/25/2025 – 5/1/2025)

Broker Joseph Barreca in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Barreca (Barreca), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Barreca recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $300,000.00 on July 09, 2025.

Customer stated that Market Linked Notes that were purchased in 2021 were unsuitable for the account and not in the best interest of the customer because the account lacked diversification and the Notes were illiquid. Upon investigation, the firm concluded that the Notes were suitable for, and in the best interest of, the customer given the customer’s investment objectives and risk profile. The firm also concluded that the features of the Notes had been discussed with the customer prior to purchase.

Broker Leroy Born in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leroy Born (Born), previously associated with Wells Fargo Clearing Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Born recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on July 18, 2025.

The clients complained that they did not authorize an additional purchase of securities, and that the securities were too risky. The clients also complained that other securities recommended by the Financial Advisor did not meet their directive to invest in a “safe” investment. (09/05/2024 – 06/18/2025)

There are Recent Customer Complaints with Broker Lawrence Cervantes in Firm Wells Fargo Clearing Services, LLC

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Cervantes (Cervantes), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cervantes recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on September 22, 2022.

Trustee complained that there was a delay in his instructions to sell, which resulted in losses. (6/23/2022-7/8/2022)

There are Recent Customer Complaints with Broker Thomas Windsor in Firm Wells Fargo Clearing Services, LLC

August 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Windsor (Windsor), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Windsor recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,003,025.92 on June 10, 2025.

Claimant alleges that in April 2025, the registered representative failed to follow\, instructions.

Broker Jerice Walker in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jerice Walker (Walker), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Walker recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,003,025.92 on June 10, 2025.

Claimant alleges that in April 2025, the registered representative failed to follow instructions.

Broker Joseph Barreca in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Barreca (Barreca), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Barreca recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $300,000.00 on June 13, 2025.

Customer stated that Market Linked Notes that were purchased in 2021 were unsuitable for the account and not in the best interest of the customer because the account lacked diversification and the Notes were illiquid.

Broker Anthony Clifford in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Clifford (Clifford), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Clifford recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on June 25, 2025.

Claimant alleges that beginning in May 2019, the financial advisor made unsuitable investments.

Broker Kevin Schaefer in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Schaefer (Schaefer), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Schaefer recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on June 25, 2025.

Claimant alleges that beginning in May 2019, the financial advisor made unsuitable investments.

There are Recent Customer Complaints with Broker Johnathan Hagood in Firm Wells Fargo Clearing Services, LLC

August 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Johnathan Hagood (Hagood), previously associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one regulatory event, alleging that Hagood recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on October 03, 2023.

Respondent Hagood failed to respond to FINRA requests for information.