Category Archives: Wells Fargo
Ex-Wells Fargo Advisors Employee Wins Promissory Note Arbitration
A FINRA arbitration panel in New York City last week denied Wells Fargo Advisors’ claim against a former employee, Evan A. Sall, for breach of a promissory note. Wells Fargo Advisors filed the arbitration in 2013, seeking $77,693, plus interests, costs, and attorneys’ fees for the balance of the unpaid promissory note. Sall joined… Read More »
Wells Fargo Advisors Agrees to Pay $5 Million Penalty to SEC for Failing to Maintain Adequate Controls and Providing an Altered Document
On September 22, 2014, the SEC announced that it charged Wells Fargo Advisors LLC with: failing to maintain adequate controls to prevent one of its employees from insider trading based on a customer’s nonpublic information, unreasonably delaying its production of documents during the SEC’s investigation, and providing an altered internal document related to a… Read More »
