Options for Clients of Wells Fargo Advisors Financial Network, LLC Broker Jeffrey Burton
Posted on Monday, October 5th, 2020 at 5:42 pm
Were you the victim of Wells Fargo Advisors Financial Network, LLC broker Jeffrey Burton (CRD# 2366552)?. Burton has been registered with Wells Fargo Advisors Financial Network, LLC in Charleston, South Carolina 2016.
Burton has been the subject of six customer complaints between 2009 and 2020, according to his CRD report. Recent complaints are regarding:
May 2020. “Client complains that the financial advisor did not place trades as instructed, resulting in lost opportunity to take advantage of the subsequent market downturn. (2/19/2020-4/6/2020).” The case is currently pending. The complaint is regarding common and preferred stocks.
November 2018. “Attorney for client complained about investments and transactions in GMNA bonds, including that the investments were not appropriate, and generated excessive fees. (4/1/2016-2/6/2017).” The case was settled for $1,550,000. The complaint was regarding wrap accounts.
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 Advisors Financial Network, LLC may be liable for investment or other losses suffered by Burton’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.