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Wells Fargo Clearing Services, LLC Broker William Michetti Investment Loss Options

Posted on Monday, July 19th, 2021 at 4:16 pm    

Wells Fargo

There are options for clients of Wells Fargo Clearing Services, LLC broker William Michetti (CRD# 2185612) who suffered investment losses. Michetti has been registered with Wells Fargo Clearing Services, LLC in Radnor, Pennsylvania since 2000. 

Michetti has been the subject of five customer complaints between 1999 and 2021, one of which was denied, according to his CRD report. The most recent complaint is regarding:

January 2021. “Claimants allege that the Financial Advisor assigned to their trust accounts churned and mismanaged their accounts.” The case is currently pending. 

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 Michetti’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.