Wells Fargo Clearing Services, LLC broker Iliasser Arias (CRD# 3199210) is accused of unauthorized trading. He has been registered with Wells Fargo Clearing Services, LLC in New York, New York, since 2017. He was registered with J.P. Morgan Securities LLC in New York, New York, from 2012 to 2017.
Iliasser Arias Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
September 2024. “Allegations were made that without authorization on or about July 2021 funds from a business account were misappropriated to personal accounts held by family members.” The customer is seeking $5,699,336 in damages, and the case is currently pending.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Wells Fargo Clearing Services, LLC may be liable for investment or other losses suffered by Iliasser Arias’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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