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Roberta Stafford Of Wellington Shields Capital Management, Wellington Shields & Co. Has A Customer Complaint For Alleged Broker Misconduct

Who is Roberta Stafford of Wellington Shields  & Co.?

Roberta Stafford (CRD #865356) who is currently registered with Wellington Shields Capital Management, Wellington Shields & Co. and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations.

Roberta Stafford Customer Complaint

Roberta Stafford has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were in late January and early February, 2020. Client emailed the firm and the registered representative denying the opening of the new account (and, in fact, denying any client relationship) and demanding that the securities be transferred back to the sister’s account at the higher value existing before the market turmoil. In so claiming, the client alleged that the new account was never opened or that if opened, the holdings should have been immediately sold, without offering any foundation or basis for such contention. The client seeks damages consisting of the difference in value of the holdings prior to the transfer and their current value. Roberta Stafford’s customer complaint was denied and, to date, the customer has not taken any further action.

Roberta Stafford Red Flags & Your Rights As An Investor

Of course, Roberta Stafford 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 Roberta Stafford at Wellington Shields Capital Management, Wellington Shields & Co. on alert to review carefully the activity and performance of their accounts and question whether Roberta Stafford has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wellington Shields Capital Management, Wellington Shields & Co. 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 Wellington Shields & Co. and Wellington Shields Capital Management Due To Roberta Stafford

If you have questions about Wellington Shields & Co., Wellington Shields Capital Management, and/or Roberta Stafford 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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