Options for Clients of Former Wells Fargo Broker Florindo Volpacchio
Posted on Tuesday, June 23rd, 2020 at 8:45 pm
Were you the victim of former Wells Fargo broker Florindo Volpacchio (CRD# 2615828)? Volpacchio has been registered with Oppenheimer & Co. Inc. in New York, New York since May 2018. Previously, Volpacchio was registered with Wells Fargo Clearing Services, LLC in New York, New York from 2016 to 2018.
Volpacchio has been the subject of two customer complaints between 2018 and 2020, according to his CRD report:
April 2020. “Claimant alleges FA over-concentrated his portfolio in unsuitable investments.” The case is currently pending. The complaint took place while Volpacchio was registered with Wells Fargo Clearing Services.
August 2018. “Client claims financial advisor misstated information regarding securities on monthly reports. (12/14/2017).” The case is currently pending. The complaint took place while Volpacchio was registered with Wells Fargo Advisors and was regarding foreign debt.
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, FIRM may be liable for investment or other losses suffered by Volpacchio’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.