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Charles Shields Of Wells Fargo Clearing Services Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Charles Shields of Wells Fargo Clearing Services?

Charles Shields (CRD #2067177) who is currently registered with Wells Fargo Clearing Services and located in Radnor, Pennsylvania is a subject of one of our many securities industry sales practice abuse investigations.

Charles Shields Customer Complaints

Charles Shields has been the subject of 3 customer complaints that we know about. Two of Charles Shields’ customers’ complaints were denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Wells Fargo Clearing Services for investment losses caused by Charles Shields’ alleged misconduct.

Allegations Against Charles Shields

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 Charles Shields allegedly did not provide appropriate investment recommendations and executed transactions without authority.
  • Pennsylvania resident complained of performance of account and questioned why client with little investment experience invested in risky securities allegedly by Charles Shields. Account value has declined since opened. Asked for information regarding asset allocation and performance.
  • Plaintiff alleged that Charles Shields failed to take reasonable steps to ensure Plaintiff’s identity and authorization when opening a brokerage account.

Charles Shields Red Flags & Your Rights As An Investor

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

If you have questions about Wells Fargo Clearing Services and/or Charles Shields 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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