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Adam Elgert Of Wells Fargo Clearing Services Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Adam Elgert of Wells Fargo Clearing Services?

Adam Elgert (CRD #4488125) who is currently registered with Wells Fargo Clearing Services and located in New Canaan, Connecticut is a subject of one of our many securities industry sales practice abuse investigations.

Adam Elgert Customer Complaints

Adam Elgert has been the subject of 2 customer complaints that we know about. Both of Adam Elgert’s customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Adam Elgert

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Client complained Adam Elgert allegedly did not explain certain terms of an investment in a limited partnership.
  • New York client purchased 21,240.209 Class C shares of the Oppenheimer Senior Floating Rate Fund at a price of 9.50 for a net cost of $201,789.49 for her joint account. The client claimed that she and her husband live on disability, social security and interest on their CDs and money market accounts. The client further claimed that she and her husband would never make investments that were not safe-insured-guaranteed and secure. The client verbally complained about their investment in the fund.

Adam Elgert Red Flags & Your Rights As An Investor

Of course, Adam Elgert 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 Adam Elgert at Wells Fargo Clearing Services on alert to review carefully the activity and performance of their accounts and question whether Adam Elgert has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Clearing Services also raises questions about the brokerage firms’ 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 Due To Adam Elgert

If you have questions about Wells Fargo Clearing Services and/or Adam Elgert 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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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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