DID ANDREW S. VITEK JR CAUSE YOU INVESTMENT LOSSES?

Andrew S. Vitek Jr with Janney Montgomery Scott, LLC And Formerly with Wells Fargo Clearing Services Has 2 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years

Who is Andrew S. Vitek Jr with Janney Montgomery Scott, LLC?

Andrew Vitek (CRD #2305884) who is currently registered with Janney Montgomery Scott, LLC and located in Wyncote, Pennsylvania is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to with Janney Montgomery Scott, LLC, Andrew Vitek was associated with Wells Fargo Clearing Services, LLC and 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Janney Montgomery Scott, LLC And Wells Fargo Broker Misconduct

In his career, Andrew Vitek has been the subject of 3 customer complaints that we know about, two of those complaints were filed in the last 2 years to recover investment losses. One of Andrew Vitek’s 3 customer complaints was settled in favor of investors. 

One customer complaint was denied by his former employer, Wells Fargo, and the customer took no further action.  There is still one pending customer complaints filed against Andrew Vitek’s former employer, Wells Fargo Clearing Services, LLC for investment losses caused by his alleged misconduct.

Allegations Against Andrew Vitek

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 that Andrew Vitek made unsuitable investment recommendations and overcharged her financial advisory fees.
  • The client alleged that Andrew Vitek made unauthorized purchases of shares of BP common stock.
  • Claimant alleged that the financial advisor-sold securities in her account and then purchased investments that were unsuitable, including structured products, C share mutual funds, and speculative stocks.

Andrew Vitek Red Flags & Your Rights as An Investor

Of course, Andrew Vitek 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 Andrew Vitekat Janney Montgomery Scott, LLC and Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Andrew Vitekhas engaged in any stockbroker misconduct that may have caused them investment losses.

A large number of customer complaints about Andrew Vitek at Janney Montgomery Scott, LLC and Wells Fargo Clearing Services, LLC also raises questions about their 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 Janney Montgomery Scott, LLC And Wells Fargo Clearing Services, LLC

If you have questions about Janney Montgomery Scott, LLC, Wells Fargo Clearing Services, LLC, and/or Andrew Vitekand 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.