Network 1 Financial Securities Broker, Wesley Clinton, Has Eight (8) Customer Complaints, Including Two Pending Complaints, Alleging Sales Practice Violations
The Wolper Law Firm is currently investigating claims against Wesley Clinton, a Financial Advisor at Network 1 Financial Securities in Seaford, NY. Wesley Clinton has been in the securities industry since the early 2000s and previously worked at Obsidian Financial Group, which was expelled by FINRA.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), Wesley Clinton has had eight (8) customer complaints filed against him during his career, including two pending complaints since 2017, in which customers alleged sales practice violations. Among the customer complaints include the following:
- August 2018—Customer alleged “suitability, failure to supervise.” Alleged damages are $145,000 and the matter remains pending.
- January 2017—Customer alleged “suitability.” Alleged damages are $50,000 and the matter remains pending.
- June 2015—Customer alleged “unsuitable securities transactions, breach of contract, fraud and churning.” The matter was settled for $30,000.
For a full copy of Wesley Clinton’s CRD, click https://brokercheck.finra.org/individual/summary/4628274#disclosuresSection
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
The Wolper Law Firm is interested in speaking with clients of Wesley Clinton as part of its investigation. We can be reached at 800.931.8452 or by email at email@example.com.
The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.
- Former LPL Financial And Current Royal Alliance Broker, Kevin Barletta, Supsended by FINRA For Two Months And Fined $5,000 For Alleged Improper Trading Practices With REITs
- Former Ameriprise Financial Services, Inc. Broker, Sean Refsnider, Barred By FINRA For Allegedly Converting Assets From An Elderly Client
- Barred Former Financial Services, Inc. Broker, Johnathan Freeze, Has Nine Costumer Complaint Disclosures
- Merrill Lynch, Pierce, Fenner & Smith Broker, Forrest Jones, Under Investigation By The United States Securities And Exchange Commission
- Former Fortune Financial Services Broker, Jeffrey Butler, Has Had Five Customer Complaint Disclosures
- W & S Brokerage Services, Inc. Broker, Marcus Beasley, Sanctioned And Discharged For Allegedly Engaging In Outside Business Activity
- Former AXA Advisors LLC Broker, Jenna Kang, Barred By FINRA For Failing To Cooperate With Investigation Regarding Whether She Improperly Signed Customer Forms
- Former Vision Brokerage Services, LLC Broker, Dwight Dykstra, Supsended by FINRA For One Year And Fined $10,000, For Allegedly Engaging In Private Securities Transactions
- Four Points Capital Partners LLC Broker, Michael Christopher Martino, Has Had Five Customer Complaint Disclosures
- Former Woodbury Financial Services, Inc. Broker, Ronald Hannes, Barred By FINRA For Failing To Cooperate With FINRA Investigation Regarding The Conversion Of Client Assets