DID JORDAN DAVID SAMELSON CAUSE YOU INVESTMENT LOSSES?
Jordan Samelson Of Wells Fargo Clearing Services And Formerly With Morgan Stanley Has 5 Customer Complaints For Alleged Broker Misconduct
Who is Jordan Samelson of Wells Fargo Clearing Services?
Jordan Samelson (CRD #2984356) who is currently registered with Wells Fargo Clearing Services and located in Huntington, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Wells Fargo Clearing Services, Jordan Samelson was associated with Morgan Stanley and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Jordan Samelson Customer Complaints
Jordan Samelson has been the subject of 5 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Jordan Samelson’s 5 customer complaints was settled in favor of investors. Four of Jordan Samelson’s customers’ complaints were denied and, to date, the customers have not taken any further action.
Allegations Against Jordan Samelson
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Claimant alleged that unauthorized trades were placed by Jordan Samelson.
- Client alleged customer made representations that three new mutual funds would pay 9% dividends of which one has not paid any dividends. Client further alleged that customer misrepresented the speculative nature of his investments.
- Client claimed that purchase of a closed end fund allegedly by Jordan Samelson was not suitable.
- Customer alleged that Jordan Samelson misappropriated income distributions.
- Customer alleged that Jordan Samelson misrepresented the terms of a variable annuity and improperly handled investments in mutual funds, allegedly causing damages.
Jordan Samelson Red Flags & Your Rights As An Investor
Of course, Jordan Samelson 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 Jordan Samelson at Wells Fargo Clearing Services and Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Jordan Samelson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Clearing Services and Morgan Stanley 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 Jordan Samelson
If you have questions about Wells Fargo Clearing Services, Morgan Stanley, and/or Jordan Samelson 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.