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Law Firm of David Chase Is Reviewing Potential Claims Against Jeffrey Wilson

The Law Firm of David Chase is reviewing multiple customer allegations of stock broker misconduct, including unsuitable investments and excessive trading, made against Las Cruces, New Mexico-based Wells Fargo broker Jeffery Wilson.

In one arbitration case, a FINRA arbitration panel awarded damages of $357,000 in favor of Wilson’s customer on allegations of unsuitable investments. In another customer complaint alleging excessive trading and unsuitability, Wells Fargo settled for $275,000.

Wilson is currently employed by Wells Fargo based in Las Cruces, New Mexico. Previously, he was employed by Morgan Stanley, also based in New Mexico.

Among other core tenets, stock brokers are required to recommend only suitable investments to their customers. This requires that the advisor conduct adequate due diligence on the the investment to learn and understand its attributes, including its inherent risks, tax consequences, and benefits.  The stock broker is also required to appropriately match the investment with the customer’s specific coded investment objectives and risk tolerance, as well as age, income needs and other relevant considerations.

FINRA arbitration is a fast, efficient way to recover your lost investment funds due to unsuitable investments and excessive trading, also known as churning. The Law Firm of David Chase, headed by SEC attorney David Chase, works on a contingency fee basis, meaning you pay it nothing unless it recovers money for you.

If you invested with Jeffrey Wilson and Wells Fargo and have lost money doing so, you may be able to recover some or all of your losses. David Chase, an experienced stock broker fraud lawyer, has for years helped investors recover their investment losses due to stock broker misconduct and mismanagement through the FINRA arbitration process.

Securities lawyer David Chase represents nationwide the interests and rights of investment fraud victims. If you have questions about your ability to recover your investment losses, please contact stock broker fraud lawyer David Chase for a free consultation at david@davidchaselaw.com or toll-free at (800) 760-0912.