Eccleston Law, LLC Secures Expungement of a Customer Complaint on Behalf of A Wells Fargo Financial Advisor

Posted on July 30th, 2015 at 2:45 PM
Eccleston Law, LLC Secures Expungement of a Customer Complaint on Behalf of A Wells Fargo Financial Advisor

Eccleston Law is pleased to announce an expungement of a customer claim filed in arbitration. In their reasoned award, the arbitrators found that the claimant was a sophisticated investor, the accounts for the claimant all were self-directed, and the purchase of the investment at issue was solely the claimant’s idea. Further, the claimant instructed the advisor to make the purchase, even though the advisor warned claimant several times regarding the high risk of the investment at issue. Additionally, the claimant also exhibited speculative, calculated, high risk, aggressive investment behavior at his other brokerage firms.

Finally, the arbitrators found that he advisor always maintained his innocence as to the claims.

See FINRA case No. 13-01981


Related Attorneys: James J. Eccleston

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Jim, Stephany and the whole team were a God send.  We felt like we were put into a situation where we had no advocate. Jim’s team came in with a strong, well laid out strategy on how to get our story heard. Where our outside compliance company had no ability to help, our Broker Dealer was impenitent, and the regulators were aggressive pursuing vague rules, Jim came like a barricade against an assault we did not understand. Though you pay member dues to be affiliated with FINRA and a B/D, you have no voice. The only thing that is truly heard in this un-level playing field is a bulldog’s bark like Jim’s. I would encourage anyone to call Jim and his team to find a real ally in the tough and complicated world of securities regulation. They are truly the best.

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