Furgison Law Group is taking cases against Wells Fargo for overly speculative oil and gas investments

The securities fraud lawyers at Furgison Law Group are currently investigating claims against Wells Fargo related to misconduct by Charles Frieda (CRD# 5502319) and Charles Lynch (CRD# 3004877. The arbitration attorneys at Furgison Law Group are investigating claims involving allegations of breach of fiduciary duty, failure to supervise, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct. The claims relate to recommendations by Frieda and Lynch to purchase over-concentrated investments in the Oil, Gas and Energy sector, including Magnum Hunter Resources, a company that recently filed for bankruptcy.

Charles Frieda and Charles Lynch have many similar complaints of wrongdoing reported on their regulatory file

The CRD Reports of Charles Frieda and Charles Lynch includes the disclosure of many other customer complaints in Irvine, California. These types of customer complaints are serious red flags that evidence a pattern of unsuitable investment recommendations in order to generate commissions and income for themselves, at the expense of their clients. Many of the customer complaints listed in the regulatory have already settled for substantial sums.

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.

Can I recover my investment losses?

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Charles Frieda or Charles Lynch at Wells Fargo, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.