Jan 20, 2022

Herbert Hafen of Wells Fargo

DID HERBERT H. HAFEN CAUSE YOU INVESTMENT LOSSES? Herbert H. Hafen formerly with Wells Fargo Clearing Services, LLC And Morgan Stanley Has 3 Customer Complaints for Alleged Broker Misconduct In the Past Year Who is Herbert H. Hafen formerly with Wells Fargo Clearing Services, LLC and Morgan Stanley? Herbert Hafen (CRD #867068) who was formerly registered with Wells Fargo Clearing Services, LLC and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations.   Prior to Wells Fargo Clearing Services, LLC, Herbert Hafen was associated with Morgan Stanley and 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Herbert Hafen committed serious criminal and civil securities law violations and was recently sentenced to 30 months in prison, 3 years of supervised release, ordered to pay $745,000 in restitution in order to forfeit 806,750 in assets. According to the allegations in the SEC’s civil complaint, Herbert Hafen engaged in the scheme to defraud his clients by convincing them he had access to an investment opportunity away from where he worked.  He advised the clients that the supposed investment would pay an annual 6% return and add little risk. He convinced his clients to take the money out of their brokerage accounts and then transfer or wire the money to his personal bank account which he did not use for investment purposes, but rather for his own personal purposes.  This was a classic Ponzi scheme whereby some investors receive their money back in others did not.  Over the years, he took more than $1.6 million from 11 victims and returned only $650,000.  His been permanently barred from the securities industry. Wells Fargo and Morgan Stanley Broker Misconduct In his career, Herbert Hafen has been the subject of 4 customer complaints that we know about, 3 of those complaints were filed against Wells Fargo and/or Morgan Stanley in the last year to recover monies misappropriated and investment losses. Three of Herbert Hafen’s 4 customer complaints were settled in favor of investors. There is currently 1 pending customer complaints filed against Herbert Hafen’s former employer, Morgan Stanley for investment losses caused by his alleged misconduct. Allegations Against Herbert Hafen   A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The customer alleged that the financial advisor made unsuitable investment recommendations. The client complained that the financial advisor defrauded her into sending her retirement funds to his personal account for a high-yield investment. Herbert Hafen Red Flags & Your Rights as An Investor Of course, Herbert Hafen 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 that should put all current and former customers of Herbert Hafenat Wells Fargo Clearing Services, LLC and Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Herbert Hafenhas engaged in any stockbroker misconduct that may have caused them investment losses. A large number of customer complaints at Wells Fargo Clearing Services, LLC and Morgan Stanley also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Wells Fargo Clearing Services, LLC And Morgan Stanley If you have questions about Wells Fargo Clearing Services, LLC, Morgan Stanley, and/or Herbert Hafenand 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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Jan 20, 2022

James Seijas of Wells Fargo

DID JAMES ALAN SEIJAS CAUSE YOU INVESTMENT LOSSES? James Alan Seijas formerly with Wells Fargo Clearing Services, LLC Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year Who is James A. Seijas formerly with Wells Fargo Clearing Services, LLC? James Seijas (CRD #2392901) who was formerly registered with Wells Fargo Clearing Services, LLC and located in Short Hills, New Jersey is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Wells Fargo Clearing Services, LLC, James Seijas was associated with 6 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Wells Fargo Clearing Services, LLC Broker Misconduct In his career, James Seijashas been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last year to recover investment losses. They are currently both pending against James Seijas’ former employer Wells Fargo Clearing Services, LLC for investment losses caused by his alleged misconduct. Allegations Against James Seijas   A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The claimant alleges that the financial advisor recommended he invest in a fraudulent hedge fund. Plaintiff alleges that James Seijas recommended and misrepresented an investment that turned out to be a Ponzi scheme. James Seijas Red Flags & Your Rights as An Investor Of course, James Seijas 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 that should put all current and former customers of James Seijas at Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether James Seijas 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 supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Wells Fargo Clearing Services, LLC If you have questions about Wells Fargo Clearing Services, LLC and/or James Seijas 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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Jan 20, 2022

Kevin Schaefer of Wells Fargo Clearing Services, LLC

DID KEVIN JOSEPH SCHAEFER CAUSE YOU INVESTMENT LOSSES? Kevin Joseph Schaefer with Wells Fargo Clearing Services, LLC And Formally with Merrill Lynch, Pierce, Fenner & Smith Incorporated Has 6 Customer Complaints for Alleged Broker Misconduct Who is Kevin J. Schaefer Of Wells Fargo Clearing Services, LLC? Kevin Schaefer (CRD #1286030) who is currently registered with Wells Fargo Clearing Services, LLC and located in San Francisco, California is a subject of one of our many securities industry sales practice abuse investigations.   Prior to Wells Fargo Clearing Services, LLC, Kevin Schaefer was associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, and 12 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Merrill, Lynch, Fenner, & Smith Incorporated Broker Misconduct In his career, Kevin Schaefer has been the subject of 6 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. Two of Kevin Schaefer’s 6 customer complaints were settled in favor of investors. There are currently 2 pending customer complaints filed against Kevin Schaefer’s current employer Wells Fargo Clearing Services, LLC for investment losses caused by his alleged misconduct. Allegations Against Kevin Schaefer A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The client alleged misconduct in connection with the auction rate security investments. Claimants allege fraudulent and negligent misrepresentations and omissions, breach of fiduciary duty connection with the trading of the common stock known as Syntech. The customer alleged misrepresentation and unsuitable investment recommendations relating to certain municipal bonds. The claimant alleged unsuitable investment recommendations of alternative investments. The claimant alleged unsuitable investment recommendations of private placements, fixed income securities, and structured products. The claimant alleged misrepresentations connection with the investments in private placements and structured products. Kevin Schaefer Red Flags & Your Rights as An Investor Of course, Kevin Schaefer 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 Kevin Schaefer at Wells Fargo Clearing Services, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Kevin Schaefer as engaged in any stockbroker misconduct that may have caused them investment losses. A large number of customer complaints recently at Merrill Lynch, Pierce, Fenner & Smith Incorporated about Kevin Schaefer also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses at Wells Fargo Clearing Services, LLC And Merrill Lynch, Pierce, Fenner & Smith If you have questions about Wells Fargo Clearing Services, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Kevin Schaefer 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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Jan 20, 2022

Regan Rohl of Wells Fargo Advisors Financial Network, LLC

DID REGAN ALLLEN ROHL CAUSE YOU INVESTMENT LOSSES? Regan Allen Rohl formerly with Wells Fargo Advisors Financial Network, LLC Has 16 Customer Complaints For Alleged Broker Misconduct Who is Regan A. Rohl formerly with Wells Fargo Advisors Financial Network, LLC? Regan Rohl (CRD #1877645) who was formerly registered with Wells Fargo Advisors Financial Network, LLC and located in Fargo, North Dakota is a subject of one of our many securities industry sales practice abuse investigations. Prior to Wells Fargo Advisors Financial Network, LLC, Regan Rohl was associated with 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Wells Fargo Advisors Financial Network, LLC Broker Misconduct In his career, Regan Rohl has been the subject of 16 customer complaints that we know about, one of those complaints were filed in the last year to recover investment losses. Ten of Regan Rohl’s 16 customer complaints were settled in favor of investors. Five of the customer complaints were denied by his former employer antedate the customers have not taken any further action. There is currently one pending customer complaint filed against Regan Rohl’s former employer Wells Fargo Advisors Financial Network, LLC for investment losses caused by his alleged misconduct. Allegations Against Regan Rohl A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimants allege that the financial advisor engaged in unauthorized trading made unsuitable investment recommendations. Claimants allege that their financial advisor made unauthorized transactions, and that he over-concentrated their accounts in oil and gas related investments. Claimants allege that the financial advisor made unsuitable investment recommendations to purchase direct investments in limited partnership interests. Claimants allege that their financial advisor misrepresented the risks associated with a concentration of their investments in the energy sector. Claimants allege that the financial advisor made unsuitable investment recommendations that the clients over-concentrated their portfolio in the energy sector and then made unsuitable recommendations to continue to hold those investments after they began to decline in value. Claimants allege that the financial advisor made unsuitable investment recommendations to buy and concentrate their portfolio into the oil and gas sector master limited partnerships and closed-end funds. Regan Rohl Red Flags & Your Rights As An Investor Of course, Regan Rohl 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 Regan Rohl at Wells Fargo Advisors Financial Network, LLC on alert to review carefully the activity and performance of their accounts and question whether Regan Rohl 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 about Regan Rohl also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Wells Fargo Advisors Financial Network, LLC   If you have questions about Wells Fargo Advisors Financial Network, LLC and/or Regan Rohl 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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