DID DANIEL W. SMITH CAUSE YOU INVESTMENT LOSSES?
Daniel Smith Of Wells Fargo Clearing Services Has 2 Customer Complaints For Alleged Broker Misconduct
Who is Daniel Smith of Wells Fargo Clearing Services?
Daniel Smith (CRD #5816549) who is currently registered with Wells Fargo Clearing Services and located in Canyon, Texas is a subject of one of our many securities industry sales practice abuse investigations.
Daniel Smith Customer Complaints
Daniel Smith has been the subject of 2 customer complaints that we know about. One of Daniel Smith’s 2 customer complaints was settled in favor of investors. One of Daniel Smith’s customers’ complaints was denied and, to date, the customer has not taken any further action.
Allegations Against Daniel Smith
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 that the terms of the investment, as explained by Daniel Smith, allegedly turned out to be incorrect.
- Client verbally alleged that Daniel Smith misrepresented the terms of a unit investment trust relating to the liquidity or availability of her funds in conjunction with a fluctuating account balance.
Daniel Smith Red Flags & Your Rights As An Investor
Of course, Daniel Smith 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 Daniel Smith at Wells Fargo Clearing Services on alert to review carefully the activity and performance of their accounts and question whether Daniel Smith 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 Daniel Smith
If you have questions about Wells Fargo Clearing Services and/or Daniel Smith 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.