DID DOUGLAS MARK FRIZZELL CAUSE YOU INVESTMENT LOSSES?
Douglas Frizzell Of Wells Fargo Advisors Financial Network, LLC And Formerly With UBS Financial Services, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct
About Douglas Frizzell of Wells Fargo Advisors Financial Network, LLC?
Douglas Frizzell (CRD #2630044) is currently registered with Wells Fargo Advisors Financial Network, LLC (CRD# 11025) since June 30, 2022. He holds registrations as a General Securities Representative and Investment Adviser Representative. Frizzell is licensed in 38 U.S. states and territories. His prior experience includes working at UBS Financial Services Inc. (CRD# 8174) from May 2008 to July 2022, and Citigroup Global Markets Inc. (CRD# 7059) from March 1998 to May 2008. He has passed two general industry/product exams and two state securities law exams, but no principal/supervisory exams.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Douglas Frizzell Customer Complaints and Reviews
- Customer Disputes: Three disputes, two settled and one pending.
- Settled Dispute 1:
- Date Filed: December 2, 2009
- Allegations: Misrepresented risk related to purchasing a variable annuity.
- Settlement Amount: $14,999.
- Settled Dispute 2:
- Date Filed: September 7, 2005
- Allegations: Unauthorized and unsuitable transactions in unit investment trusts.
- Settlement Amount: $4,500, with $1,200 contributed by Frizzell.
- Pending Dispute:
- Date Filed: March 13, 2024
- Allegations: Provided advice that adversely impacted a trust’s ability to meet obligations and led to tax consequences.
- Estimated Damages: Not yet specified.
Allegations Against Douglas Frizzell
- The settled disputes allege misrepresentation of risk and unsuitable transactions.
- The pending dispute involves allegations that advice on an annuity contract distribution negatively impacted a trust’s financial stability and incurred tax consequences.
Douglas Frizzell Red Flags & Your Rights As An Investor
Of course, Douglas Frizzell 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 Douglas Frizzell at Wells Fargo Advisors Financial Network, LLC and UBS Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Douglas Frizzell has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Advisors Financial Network, LLC and UBS Financial Services, Inc. also raises questions about the brokerage firms’ 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 Advisors Financial Network, LLC Due To Douglas Frizzell
If you have questions about Wells Fargo Advisors Financial Network, LLC, UBS Financial Services, Inc. and/or Douglas Frizzell 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...