{"id":19420,"date":"2020-12-28T14:12:48","date_gmt":"2020-12-28T20:12:48","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19420"},"modified":"2021-01-05T14:13:07","modified_gmt":"2021-01-05T20:13:07","slug":"wells-fargo-variable-annuity-losses","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/","title":{"rendered":"Customers Blame Ex-Wells Fargo Broker Clearing Services Herbert Weith For Variable Annuity Losses"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">New FINRA Arbitration Claim Seeks $260K in Damages\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Former Wells Fargo Clearing Services (WRET) broker Herbert Lee Weith IV is named in yet another customer dispute in which the claimant is seeking damages for losses involving variable annuities. Weith, who was a Wells Fargo broker from 2012 to 2019 in Naples, Florida, became a registered investment advisor for Equitable Advisors, LLC, in Columbia, Maryland from January to October of 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our Florida broker fraud attorneys have been looking into complaints by ex-Wells Fargo customers of Weith who suffered serious investment losses that may have been caused by unsuitable investment recommendations. <\/span><a href=\"https:\/\/www.investorlawyers.com\/contact-us.html\"><span style=\"font-weight: 400;\">Contact our attorneys<\/span><\/a><span style=\"font-weight: 400;\"> at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) today.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/\"  title=\"Continue Reading Customers Blame Ex-Wells Fargo Broker Clearing Services Herbert Weith For Variable Annuity Losses\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New FINRA Arbitration Claim Seeks $260K in Damages\u00a0 Former Wells Fargo Clearing Services (WRET) broker Herbert Lee Weith IV is named in yet another customer dispute in which the claimant is seeking damages for losses involving variable annuities. Weith, who was a Wells Fargo broker from 2012 to 2019 in Naples, Florida, became a registered [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3919,3878,3884,3836],"tags":[4491,4488,4490,3022,4489],"class_list":["post-19420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-annuities","category-suntrust-investment-services-inc","category-variable-annuities","category-wells-fargo","tag-annuity-losses","tag-herbert-weith","tag-variable-annuit","tag-wells-fargo","tag-wells-fargo-clearing-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ex-Wells Fargo Broker Blamed For Variable Annuity Losses | Investor Lawyers<\/title>\n<meta name=\"description\" content=\"Herbert Weith, an ex-Wells Fargo broker is named in a FINRA arbitration claim that is seeking damages for variable annuity losses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ex-Wells Fargo Broker Blamed For Variable Annuity Losses | Investor Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"Herbert Weith, an ex-Wells Fargo broker is named in a FINRA arbitration claim that is seeking damages for variable annuity losses.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/01\/pexels-alex-green-5699502-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ex-Wells Fargo Broker Blamed For Variable Annuity Losses | Investor Lawyers","description":"Herbert Weith, an ex-Wells Fargo broker is named in a FINRA arbitration claim that is seeking damages for variable annuity losses.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/","twitter_card":"summary_large_image","twitter_title":"Ex-Wells Fargo Broker Blamed For Variable Annuity Losses | Investor Lawyers","twitter_description":"Herbert Weith, an ex-Wells Fargo broker is named in a FINRA arbitration claim that is seeking damages for variable annuity losses.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/01\/pexels-alex-green-5699502-1.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Customers Blame Ex-Wells Fargo Broker Clearing Services Herbert Weith For Variable Annuity Losses","datePublished":"2020-12-28T20:12:48+00:00","dateModified":"2021-01-05T20:13:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/"},"wordCount":524,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/01\/pexels-alex-green-5699502-1.jpg","keywords":["annuity losses","Herbert Weith","variable annuit","Wells Fargo","Wells Fargo Clearing Services"],"articleSection":["Annuities","SunTrust Investment Services Inc.","Variable Annuities","Wells Fargo"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/","url":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/","name":"Ex-Wells Fargo Broker Blamed For Variable Annuity Losses | Investor Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/01\/pexels-alex-green-5699502-1.jpg","datePublished":"2020-12-28T20:12:48+00:00","dateModified":"2021-01-05T20:13:07+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Herbert Weith, an ex-Wells Fargo broker is named in a FINRA arbitration claim that is seeking damages for variable annuity losses.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/01\/pexels-alex-green-5699502-1.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/01\/pexels-alex-green-5699502-1.jpg","width":640,"height":426,"caption":"Customers are blaming ex-Wells Fargo Clearing Services broker for variable annuity losses they suffered after unsuitable investment recommendations."},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-variable-annuity-losses\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Customers Blame Ex-Wells Fargo Broker Clearing Services Herbert Weith For Variable Annuity Losses"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/01\/pexels-alex-green-5699502-1.jpg","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-53e","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/19420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=19420"}],"version-history":[{"count":1,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/19420\/revisions"}],"predecessor-version":[{"id":19422,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/19420\/revisions\/19422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media\/19421"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=19420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=19420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=19420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}