There are options for clients of former Wells Fargo Clearing Services, LLC broker James Medsker (CRD# 1294250), who is accused of excessive trading. He was registered with Wells Fargo Clearing Services, LLC in Dublin, Ohio, from 2018 to 2024. He was registered with UBS Financial Services Inc. in Columbus, Ohio, from 2008 to 2018.
James Medsker Customer Complaints
He has been the subject of two customer complaints between 2025 and 2026, according to his CRD report:
June 2026. “Claimant alleges that from 2020-2024, the FA engaged in excessive trading and unsuitable strategy. Claimant is seeking damages of $140,903.” The customer is seeking $140,903 in damages, and the case is currently pending. The complaint took place while he was registered with Wells Fargo Clearing Services, LLC.
September 2025. “Claimant alleges that from 2019 through 2021, the FA failed to escalate the potential financial exploitation of the Claimant.” The case was settled for $175,000. The complaint took place while he was registered with Wells Fargo Clearing Services, LLC.
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 James Medsker’s 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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