National investment loss lawyers KlaymanToskes is investigating broker Francesco Traina, formerly of Wells Fargo Clearing Services (CRD# 5025477). Traina is currently registered with Raymond James Financial Services in Miami, FL.
According to FINRA BrokerCheck, broker Francesco Traina of Wells Fargo Clearing Services is facing a pending investor dispute alleging $20,000,000 in damages, based on allegations that he opened an unauthorized account under the client’s company name.
Investors that suffered losses with broker Francesco Traina are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Francesco Traina, formerly of Wells Fargo Clearing Services is currently involved in a customer dispute. The complaint alleges $20,000,000 in investor damages due to allegations that, without authorization, he opened an account under the customer’s company name. According to FINRA BrokerCheck, Traina was previously employed with Wells Fargo Clearing Services from 2011 to September 2016, and is currently registered as a broker and investment advisor with Raymond James Financial Services in Miami, FL.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Francesco Traina, or have concerns regarding your investment portfolio at Wells Fargo Clearing Services, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.