Former Hefren-Tillotson, Inc. Broker Wesley Creese Investment Loss Options
Posted on Wednesday, December 2nd, 2020 at 8:58 pm
Erez Law is currently investigating former Hefren-Tillotson, Inc. broker Wesley Creese (CRD# 2967082) regarding options losses. Creese has been registered with Mid Atlantic Capital Corporation in Wexford, Pennsylvania since 2017. Previously, Creese was registered with Hefren-Tillotson, Inc. in Pittsburgh, Pennsylvania from 2002 to 2017.
Creese has been the subject of one customer complaint, according to his CRD report:
May 2020. “Allegation of Unsuitable recommendations on option strategy.” The customer is seeking $800,000 in damages and the case is currently pending. The complaint was regarding options and took place while Creese was registered with Heffron Tillotson.
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, Hefren-Tillotson, Inc. may be liable for investment or other losses suffered by Creese’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.