DID HERNAN VELEZ JR CAUSE YOU INVESTMENT LOSSES?
Hernan Velez Jr was recently fired from Wells Fargo Clearing Services, LLC for allegedly misrepresenting closing checklist requirements.
Who is Hernan Velez Jr formerly with Wells Fargo Clearing Services, LLC?
Hernan Velez Jr (CRD #2077723) who was formerly registered as a broker with Wells Fargo Clearing Services, LLC and located in Wappingers Falls, New York, is a subject of one of our many securities industry sales practice abuse investigations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Hernan Velez Jr Employment History and Termination
Hernan Velez Jr. has over 30 years of experience in the securities industry. He worked for multiple firms, including Wells Fargo Clearing Services, LLC 17 years, Chase Investment Services Corp. 3 years, and Citicorp Investment Services 5 years. Throughout his career, he has held roles such as registered representative and financial specialist, providing investment and advisory services.
He has passed three general industry/product exams and two state securities law exams. With over three decades in the industry, his career reflects extensive experience, although recent operational concerns led to his discharge.
He was terminated from Wells Fargo Clearing Services, LLC on October 21, 2024. The termination stemmed from allegations that Velez misrepresented completing a branch closing checklist.
Negative Disclosures Summary
- Termination October 21, 2024
- Details: Terminated by Wells Fargo Clearing Services, LLC for allegedly misrepresenting completion of branch closing checklist requirements.
- Outcome: Employment terminated due to operational compliance issues. This incident highlights the importance of compliance with internal operational procedures in the financial industry.
Hernan Velez Jr Red Flags & Your Rights As An Investor
Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Hernan Velez Jr is a red flag which should put all current and former customers of Hernan Velez Jr at Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Hernan Velez Jr 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 Hernan Velez Jr
If you have questions about Wells Fargo Clearing Services, LLC and/or Hernan Velez Jr 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.
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