| Read Time: 2 minutes | Wells Fargo Advisors Complaints |


Bain Chadsey Formerly With Wells Fargo Clearing Services Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Bain Chadsey formerly with Wells Fargo Clearing Services?

Bain Chadsey (CRD #2329502) who was formerly registered with Wells Fargo Clearing Services and located in Indianapolis, Indiana is a subject of one of our many securities industry sales practice abuse investigations.

Bain Chadsey Customer Complaints

Bain Chadsey has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses.  Both of Bain Chadsey’s customer complaints were settled in favor of investors.

Allegations Against Bain Chadsey

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

  • Client alleged that Bain Chadsey transacted numerous trades in the account with no appreciable benefit to the client but generated commissions.
  • Client alleged the investments in her account were not suitable given her financial situation, age, etc., and that the broker churned the account to generate commissions. Lastly, client alleged the broker misrepresented the investments and did not explain the possible risks involved.

Bain Chadsey Red Flags & Your Rights As An Investor

Of course, Bain Chadsey 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 Bain Chadsey at Wells Fargo Clearing Services on alert to review carefully the activity and performance of their accounts and question whether Bain Chadsey 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 Bain Chadsey

If you have questions about Wells Fargo Clearing Services and/or Bain Chadsey 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.

Author Photo

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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars