{"id":6396,"date":"2018-07-11T14:57:33","date_gmt":"2018-07-11T14:57:33","guid":{"rendered":"http:\/\/www.investorlawyers.com\/?p=6396"},"modified":"2018-07-11T14:57:33","modified_gmt":"2018-07-11T14:57:33","slug":"ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/","title":{"rendered":"SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo"},"content":{"rendered":"<p>\t\t\t\tThe securities lawyers with Shepherd, Smith, Edwards, &amp; Kantas LLP (\u201cSSEK\u201d) are investigating claims of investors and clients of Jeffrey Randolph Wilson (\u201cWilson\u201d) who works with Wells Fargo Clearing Services, LLC (\u201cWells Fargo\u201d) in Las Cruces, New Mexico. In the last 18 months, at least three of Mr. Wilson\u2019s clients have filed arbitration claims against Wells Fargo claiming that\u00a0Wilson and\/or Wells Fargo acted improperly regarding those clients\u2019 accounts. These customer claims include allegations that Mr. Wilson excessively traded customer accounts, made unsuitable investment recommendations, and exposed the clients to excessive risk.<\/p>\n<p>All brokers are required to make only suitable recommendations to their clients and manage their clients\u2019 investments appropriately. That means that the brokers, like Mr. Wilson, are supposed to consider a client individually and consider that client\u2019s willingness to take risks, age, and other factors \u2013 like whether the client is retired \u2013 into account when deciding what investments to recommend. Similarly, some investments which might have been appropriate for a client can become inappropriate, or unsuitable, if they are bought and sold too often in a client\u2019s account. Generally, the more frequent the trading in an account, the higher risk the investment strategy.<\/p>\n<p>In the case with Mr. Wilson\u2019s clients, more than one has complained that Mr. Wilson improperly advised them to invest in energy related investments which led to substantial losses. Recently, a FINRA arbitration panel agreed with that allegation,\u00a0ordering Wells Fargo Advisors to pay a client $357,000 for losses suffered in unsuitable energy and housing based investments, as well as use of margin trading.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/\"  title=\"Continue Reading SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The securities lawyers with Shepherd, Smith, Edwards, &amp; Kantas LLP (\u201cSSEK\u201d) are investigating claims of investors and clients of Jeffrey Randolph Wilson (\u201cWilson\u201d) who works with Wells Fargo Clearing Services, LLC (\u201cWells Fargo\u201d) in Las Cruces, New Mexico. In the last 18 months, at least three of Mr. Wilson\u2019s clients have filed arbitration claims against [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,3836],"tags":[3121,3110,3022],"class_list":["post-6396","post","type-post","status-publish","format-standard","hentry","category-current-investigations","category-wells-fargo","tag-jeff-wilson","tag-ssek","tag-wells-fargo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo | SSEK Law Firm Blog<\/title>\n<meta name=\"description\" content=\"The securities lawyers with Shepherd, Smith, Edwards, &amp; Kantas LLP (\u201cSSEK\u201d) are investigating claims of investors and clients of Jeffrey Randolph Wilson (\u201cWilson\u201d) who works with Wells Fargo Clearing Services, LLC (\u201cWells Fargo\u201d) in Las Cruces, New Mexico.\" \/>\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\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo | SSEK Law Firm Blog\" \/>\n<meta name=\"twitter:description\" content=\"The securities lawyers with Shepherd, Smith, Edwards, &amp; Kantas LLP (\u201cSSEK\u201d) are investigating claims of investors and clients of Jeffrey Randolph Wilson (\u201cWilson\u201d) who works with Wells Fargo Clearing Services, LLC (\u201cWells Fargo\u201d) in Las Cruces, New Mexico.\" \/>\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=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo | SSEK Law Firm Blog","description":"The securities lawyers with Shepherd, Smith, Edwards, & Kantas LLP (\u201cSSEK\u201d) are investigating claims of investors and clients of Jeffrey Randolph Wilson (\u201cWilson\u201d) who works with Wells Fargo Clearing Services, LLC (\u201cWells Fargo\u201d) in Las Cruces, New Mexico.","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\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/","twitter_card":"summary_large_image","twitter_title":"SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo | SSEK Law Firm Blog","twitter_description":"The securities lawyers with Shepherd, Smith, Edwards, & Kantas LLP (\u201cSSEK\u201d) are investigating claims of investors and clients of Jeffrey Randolph Wilson (\u201cWilson\u201d) who works with Wells Fargo Clearing Services, LLC (\u201cWells Fargo\u201d) in Las Cruces, New Mexico.","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/","url":"https:\/\/www.investorlawyers.com\/blog\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/","name":"SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo | SSEK Law Firm Blog","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2018-07-11T14:57:33+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"The securities lawyers with Shepherd, Smith, Edwards, & Kantas LLP (\u201cSSEK\u201d) are investigating claims of investors and clients of Jeffrey Randolph Wilson (\u201cWilson\u201d) who works with Wells Fargo Clearing Services, LLC (\u201cWells Fargo\u201d) in Las Cruces, New Mexico.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/ssek-investigating-claims-involving-jeff-wilson-and-wells-fargo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SSEK Investigating Claims Involving Jeff Wilson and Wells Fargo"}]},{"@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:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/image\/","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":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-1Fa","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6396","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=6396"}],"version-history":[{"count":0,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6396\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=6396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=6396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=6396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}