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John Fabris of Wells Fargo Clearing Services Has 6 Customer Complaints For Alleged Broker Misconduct

Who is John Fabris of Wells Fargo Clearing Services?

John Fabris (CRD #1529037) who is currently registered with Wells Fargo Clearing Services and located in Garden City, New York is a subject of one of our many securities industry sales practice abuse investigations.

John Fabris Customer Complaints

John Fabris has been the subject of 6 customer complaints that we know about. Four of John Fabris’ 6 customer complaints were settled in favor of investors. Two of John Fabris’ customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against John Fabris

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 John Fabris’ unsuitability with regard to equities.
  • Client complained that John Fabris allegedly guaranteed an annuity would earn a minimum of 6% per year for 10 years but that after one year the balance reflected a less than 2% gain.
  • The client alleged that a purchase of stock by John Fabris was unsuitable. Alleged damages unspecified.
  • John Fabris’ alleged unsuitability, misrepresentation, negligence, fraud, breach of contract and breach of fiduciary duty.

John Fabris Red Flags & Your Rights As An Investor

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

If you have questions about Wells Fargo Clearing Services and/or John Fabris 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 $160 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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