DID YANCEY F CARTER CAUSE YOU INVESTMENT LOSSES?
Yancey Carter Of Wells Fargo Clearing Services, LLC Has A Customer Complaint For Alleged Broker Misconduct
About Yancey Carter of Wells Fargo Clearing Services, LLC?
Yancey Carter (CRD #2259658) , has a long but troubled history in the financial services industry. Currently registered with Wells Fargo Clearing Services, LLC in Valdosta, GA since January 2008, Carter has been registered with six Self-Regulatory Organizations and is licensed in 24 U.S. states and territories. Despite passing three principal/supervisory exams and three general industry/product exams, his professional journey is marred by serious allegations of misconduct. His extensive experience across multiple firms since 1992, including a lengthy stint at A.G. Edwards & Sons, Inc., is overshadowed by his involvement in a significant customer dispute that casts a shadow on his reputation and question his reliability as a financial advisor.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Yancey Carter Customer Complaint and Reviews
- Customer Dispute (Pending)
- Date Complaint Received: May 25, 2023
- Allegations: Claimants allege that Carter misrepresented the risks associated with short-selling stocks in their account in July 2020, leading to significant financial losses.
- Sought Damages: Claimants are seeking compensatory damages exceeding $2,166,028.00.
- Status: The complaint is currently pending, being arbitrated under FINRA with Docket/Case #: 23-01534.
Allegations Against Yancey Carter
Yancey F. Carter faces grave allegations involving the misrepresentation of the risks tied to short-selling strategies. The specific accusations assert that Carter failed to accurately disclose the potential for significant losses, which allegedly resulted in substantial financial detriment to his clients. These allegations, if proven true, not only question his professional integrity but also his adherence to the ethical standards required within the securities industry. The ongoing arbitration will further determine the extent of any misconduct and its repercussions for his professional standing.
Yancey Carter Red Flags & Your Rights As An Investor
Of course, Yancey Carter did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Yancey Carter at Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Yancey Carter has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Clearing Services, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Wells Fargo Clearing Services, LLC Due To Yancey Carter
If you have questions about Wells Fargo Clearing Services, LLC and/or Yancey Carter and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Rate this Post
Loading...