DID RALPH MELFI CAUSE YOU INVESTMENT LOSSES?
Ralph Melfi Of Allstate Financial Services, LLC And Formerly With Wells Fargo Clearing Services Has One Customer Complaint For Alleged Broker Misconduct
Who is Ralph Melfi of Allstate Financial Services, LLC?
Ralph Melfi (CRD #1003241) who is currently registered with Allstate Financial Services, LLC and located in Littleton, Colorado is a subject of one of our many securities industry sales practice abuse investigations. Prior to Allstate Financial Services, LLC, Ralph Melfi was associated with Wells Fargo Clearing Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Ralph Melfi Customer Complaint
Ralph Melfi has been the subject ofat least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were the financial advisor did not inform him that exchanging from his existing life insurance policy to a new variable policy would create a taxable event. Ralph Melfi’s customer complaint was settled in favor of investors.
Ralph Melfi Red Flags & Your Rights As An Investor
Of course, Ralph Melfi 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 Ralph Melfi at Allstate Financial Services, LLC and Wells Fargo Clearing Services on alert to review carefully the activity and performance of their accounts and question whether Ralph Melfi has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Allstate Financial Services, LLC and Wells Fargo Clearing Services also raises questions about the brokerage firm’s 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 Allstate Financial Services, LLC Due To Ralph Melfi
If you have questions about Allstate Financial Services, LLC, Wells Fargo Clearing Services, and/or Ralph Melfi 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.