June 2017 -Lafayette, LA
According to publicly available records Keith A. Fontenot (CRD#2296303) , a stockbroker who currently is employed by Wells Fargo Advisors, disclose 2 customer disputes.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In FINRA Case 15-2471 a Wells Fargo Advisors customer sought damages in an unstated amount and alleged misleading and unsuitable recommendations regarding buying and selling annuities. In October 2016 that case was settled for $400,000.
In currently pending FINRA case 17-1181 a customer of Wells Fargo Clearing Services seeks damages of $80,000 and alleges unsuitable recommendations to invest in equities.
Keith Fontenot has been employed with Wells Fargo Clearing Services since November 2016. Before then he was employed with Wells Fargo Advisors since May of 2009.
If you have losses in an account handled by Keith Fontenot, contact us to discuss your legal options.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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