There are options for clients of former Truist Advisory Services, Inc. broker Shane Wilhelm (CRD# 4803933) who suffered investment losses due to investment fraud. He has been registered with Fortune Financial Services, Inc. in Moneta, Virginia and Mgo One Seven in Moneta, Virginia since 2021. Previously, he was registered with Truist Advisory Services, Inc. in Roanoke, Virginia from 2016 to 2021 and with Suntrust Investment Services, Inc. in Roanoke, Virginia from 2015 to 2016.
Shane Wilhelm Customer Complaints
He has been the subject of three customer complaints between 2018 and 2022, one of which was denied, according to his CRD report:
February 2022. “Client allege RR represented client assets as being significantly greater than what was actually in the client’s account.” The customer is seeking $80,000 in damages and the case is currently pending. The complaint was regarding variable annuities, common and preferred stocks, and mutual funds. The complaint took place while he was registered with Suntrust Investment Services, Inc.
September 2021. “Clients allege RR represented client assets as being significantly greater than what was actually in the clients’ account.” The case is currently pending. The complaint was regarding mutual fund losses and took place while he was registered with Truist Investment Services, Inc.
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, Truist Advisory Services, Inc. may be liable for investment or other losses suffered by Shane Wilhelm’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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